YourLazyTrader

EURUSD likely to face the first hurdle at 1.1770

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD is currently pulling back after a sharp downtrend.

The broken support level at 1.1750-1.1770 region will offer the first resistance. I am expecting price to be rejected at this level.

It will be a good level to enter fresh sells and target the 1.1550 level as TP.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.