SuperForex

The pair is turned around

FX:EURUSD   Euro / U.S. Dollar
Our pair rose to the mark 1.490, in which has found the resistance level and at the moment goes to the mark of 1.1310 which previously was the support level.
Our technical indicators point to sale and we believe the local minimums will be updated.
Therefore we advise to look for points to enter short positions, taking into account a possible turn from the above-stated level.
However, in case of its overcoming, the pair can direct to marks 1.1260 and 1.12

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.