forextamil

EURUSD: What's going on Now? Bullish or Bearish.

FX:EURUSD   Euro / U.S. Dollar
Hello traders,

As I said yesterday, the EURUSD failed to imply the true potential on the northern Run, tended a pullback action and fell on the South zone.
The technical confluence oscillating the pair with no assurance move. The 1.13410 resistance may pull the price range to down the next support halt will be the last least low 1.1300 not only a round number but also the convergence of the Pivot Point one-month Support 1.
If the pair loses 1.1300, the next level to watch is 1.1235 which is the meeting point of two Pivot Points: the one-week S3, and the one-week Support 2.

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