EURUSD Intra-day Analysis 18th Feb. 2021

Under Pressure

Our Pivot: 1.2086

Our Preference: Short sell below 1.2050 with strict stop loss of 1.2086 and profit target at 1.2010 with extension towards 1.1980.

Alternate Scenario: Upward penetration of 1.2086 will call 1.2115.

NOTE: Euro is moving downward after retesting its major resistant regions and bearish breakout of its ascending wedge.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.162721.16346 1.16558 1.16131
USDJPY159.855159.942 159.951 159.566
GBPUSD1.346091.34712 1.34823 1.34456
USDCHF0.786280.78814 0.78851 0.78434
EURCHF0.914970.9165 0.91625 0.91381
EURJPY185.901186.027 186.219 185.577
GBPJPY215.204215.435 215.542 214.636


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