If you check the newest client sentiment:
www.dailyfx.com/sentiment-report
you can see, that the EUR/USD is highly bearish in the daily chart.
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The price has broken the most important volume support line of the last 1 year. (red line). We are currently heading for a low volume region, which starting below 1,175. The end of this is at least around 1.4.
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The price is below the 200EMA
www.dailyfx.com/sentiment-report
you can see, that the EUR/USD is highly bearish in the daily chart.
+
The price has broken the most important volume support line of the last 1 year. (red line). We are currently heading for a low volume region, which starting below 1,175. The end of this is at least around 1.4.
+
The price is below the 200EMA