EURUSD технический анализ 20.02.2019

EURUSD – technical overview

The market looks to be in the process of carving out a meaningful base off the multi-year low from2017, with a higher low sought out ahead of the next major upside extension back towards and through the+3 year high from 2018 around 1.2550. Look for the major pair to continue to be well supported on dipsbelow 1.1300, with only a close back below the 2018 low at 1.1215 to compromise the outlook. A pushabove 1.1570 will strengthen the outlook.

•  R2 1.1410 – 6Feb high – Medium
•  R1 1.1358 – 19Feb high – Strong
•  S1 1.1235 – 15Feb low – Medium
•  S2 1.1216 – 12Nov/2018 low – Strong