After another 2 failed attempts to conquer 1.15 resistance, EurUsd has resumed its downward movement in now is trading under 1.12.
The pressure is clearly on the selling side and I expect a new local low in the coming days.
Rallies towards 1.13 should be sold and 1.08 can be bears target
Only a daily close above 1.15 would put a pause in this scenario
The pressure is clearly on the selling side and I expect a new local low in the coming days.
Rallies towards 1.13 should be sold and 1.08 can be bears target
Only a daily close above 1.15 would put a pause in this scenario
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