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Mihai_Iacob

EurUsd- break down next week?

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Mihai_Iacob  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdforecast
8
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdforecast
1.1350 proved to be very strong resistance for EURUSD and the price dropped from here and found support at 1.12.
Now EurUsd is trading in a tight consolidation and I expect the price to break down early next week.
First target for sellers is 1.11 but I wouldn't be surprised to have a deeper dive to 1.10 important technical and psychological support
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