Currently, EUR/USD is trading at 1.0816. The pair started a downtrend on 14 April after rebounding from resistance level, and now the price has touched support level in the descending triangle pattern. If the price breaks its support level at 1.0770, then it may touch its support zone at 1.0662. If the price breaks the resistance level at 1.0873, then it may touch its resistance zone at 1.1044.
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Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat