EURSUD: Below Resistance 1.1385 Downside Expecting WEEKLY base
The EUR/USD pair faces strong resistance at the levels of 1.1384 because The EUR/USD pair knows saturation at the area of 1.1384-1.3050 on June 05, 2020. However, if the pair fails to pass through the level of 1.1384, the market will indicate a bearish opportunity below the new strong resistance level of 1.1384.
Thus, the market is indicating a bearish opportunity below 1.1384 so it will be good to sell at the zone of 1.1384 or/and 1.1290 with the first target of 1.1233. It will also call for a downtrend in order to continue towards 1.1153. The daily strong support is seen at 1.1131.
🛑SUPPORT/RESISTANCE
✅S1= 1.1240
✅S2=1.1135
✴️R1=1.1380
✴️R2=1.1460
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Thus, the market is indicating a bearish opportunity below 1.1384 so it will be good to sell at the zone of 1.1384 or/and 1.1290 with the first target of 1.1233. It will also call for a downtrend in order to continue towards 1.1153. The daily strong support is seen at 1.1131.
🛑SUPPORT/RESISTANCE
✅S1= 1.1240
✅S2=1.1135
✴️R1=1.1380
✴️R2=1.1460
Please like, share, comments and follow me to get daily base analysis
Thank you for your support, I appreciate it.