Sforex

EURUSD: Test the convergent point: What next ?

Short
FX:EURUSD   Euro / U.S. Dollar
4
Like I said in the related ideas, I saw EURUSD test 1.1100 level as my expect.

Market is pricing for a rate hike decision from FED in ths month, and ECB tone is still very dovish and they lowered GDP forecast in this year.

That why I believe EURUSD is contnue under suffer.

Look at on the chart: A trend line support: and 1.0800 is a strong support.

I think EURUSD will test 1.0800 support next week.

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