Description
⋅ Major direction of the EUR/USD is in a down trend. However recently the EUR/USD has corrected higher, towards 1.11730.
Currently, EUR/USD is testing support of 1.1050 Its next support zone is at 1.10 and the next resistance zone is at 1.12000.
Look for short-term buying opportunities of EUR/USD if it bounces up from the key level of 1.1150.