Biz yalnızca bir aracı kurumdan fazlasıyız. Analiz etmek, işlem yapmak ve büyümek için ihtiyacınız olan her şeyi tek bir yerde sunan, hepsi bir arada bir işlem ekosistemiyiz. İşlem deneyiminizi bir üst seviyeye taşımaya hazır mısınız?
The EUR/USD pair will likely trade in the sideways manner below 1.20 and could witness a minor corrective rally, courtesy of oversold conditions.
As of writing, the spot is trading at 1.1965 and the daily RSI is holding below 30.00, signaling short-term oversold conditions. Further, the RSI in the 4-hour chart created higher lows even as the spot fell to 1.1910 (lowest level since late December), signaling a bullish divergence.
Hence, a corrective rally could be on the cards. A better-than-expected German factory orders figure (due at 06:00 GMT) and sentix investor confidence (due at 08:30 GMT) could become a reason for a corrective rally.
That said, the focus on the growing Fed and ECB monetary policy divergence will likely keep the gains under check.
EUR/USD Technical Outlook
FXStreet Chief Analyst Valeria Bednarik says the risk is leaned to the downside, although a short-term bullish correction is not out of the table.
Support levels: 1.1940 1.1910 1.1880
Resistance levels: 1.2000 1.2030 1.2055
