Currency Coach
  • Currency News
  • Currency Services
  • Broker
  • Foreign Exchange
    • Transfer Money
      • Transfer Now
  • EUR/USD
  • Forex trading
  • Forex Factory
No Result
View All Result
  • Currency News
  • Currency Services
  • Broker
  • Foreign Exchange
    • Transfer Money
      • Transfer Now
  • EUR/USD
  • Forex trading
  • Forex Factory
No Result
View All Result
Currency Coach
No Result
View All Result
Home EUR/USD

Thursday’s high is the key resistance

currencycoach by currencycoach
November 27, 2020
in EUR/USD
0
It is time to turn your EUR/USD position into long again
0
SHARES
16
VIEWS
Share on FacebookShare on Twitter


  • EUR/USD created a Doji candle on Thursday, indicating indecision. 
  • A close above Thursday’s high would revive the bullish bias. 

EUR/USD is currently sidelined near 1.1914, having created the indecisive Doji candle on Thursday. 

The Doji comprises long upper wicks and a small body, implying indecision in the market place. Thursday’s Doji has neutralized the immediate bullish setup and made Friday’s close pivotal. 

A close above the Doji candle’s high of 1.1914 would mean the period of indecision has ended with a bull victory and allow a continuation of the rally from weekly lows near 1.18. 

Alternatively, acceptance under Thursday’s low of 1.1885 would confirm a bearish Doji reversal pattern and expose deeper support levels. 

Daily chart

Trend: Bullish above 1.1841

Technical levels

 



Source link

Tags: highKeyResistanceThursdays
currencycoach

currencycoach

Related Posts

Wall Street holds steady a day after a tech swoon – The Daily Reflector
EUR/USD

Chart of the day – EURUSD (31.10.2025) – XTB.com

November 1, 2025
Divided Fed worried about tariffs, inflation and the labor market, minutes show – Forex Factory
EUR/USD

EUR/USD Struggles Near 1.1550 as Inflation Cools, Fed Speeches Loom – FXLeaders

November 1, 2025
Wall Street holds steady a day after a tech swoon – The Daily Reflector
EUR/USD

Scotiabank US Dollar To Canadian Dollar Forecast: 1.41 Tipped As Yield Gap Widens – Exchange Rates Org UK

November 1, 2025

Category

  • Broker
  • Currency News
  • Currency Services
  • EUR/USD
  • Foreign Exchange
  • Forex Factory
  • Forex trading
  • Transfer Money

#ad

Recent News

INSIGHT: Why foreign investors’ stock market participation is reducing — and the impact on Nigeria

INSIGHT: Why foreign investors’ stock market participation is reducing — and the impact on Nigeria

September 5, 2026
Income Tax Department Tracks Foreign Money Transfers

Income Tax Department Tracks Foreign Money Transfers

September 5, 2026
RBF warns against unlicensed foreign exchange dealers – FBC News

RBF warns against unlicensed foreign exchange dealers – FBC News

September 5, 2026
  • Privacy & Policy
  • About Us
  • Contact Us

© 2024 Currency Coach

No Result
View All Result
  • Currency News
  • Currency Services
  • Broker
  • Foreign Exchange
    • Transfer Money
      • Transfer Now
  • EUR/USD
  • Forex trading
  • Forex Factory

© 2024 Currency Coach

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.