As Europe closes, EURUSD approaches key support, where buyers may be preparing for a possible trend reversal
EURUSD is hitting lows, but the 1.0900 support level may hold, a focus on this level and further examination of this level is necessary for continued bullish bias or further bearish examination.
EURUSD has hit lows in the past week, but as I mentioned in the previous video, the 1.0900-1.085 level is a key support target and could stop the fall.
If this level can be sustained, it will keep the buyers in check and allow them to resume the uptrend and push the price towards the 1.1220 and 1.1290 range.
On the contrary, if the level is broken, it will decline to the range of 1.070 and 1.0650
Therefore, the level is a key target for both buyers and sellers.
EURUSD is hitting lows, but the 1.0900 support level may hold, a focus on this level and further examination of this level is necessary for continued bullish bias or further bearish examination.
EURUSD has hit lows in the past week, but as I mentioned in the previous video, the 1.0900-1.085 level is a key support target and could stop the fall.
If this level can be sustained, it will keep the buyers in check and allow them to resume the uptrend and push the price towards the 1.1220 and 1.1290 range.
On the contrary, if the level is broken, it will decline to the range of 1.070 and 1.0650
Therefore, the level is a key target for both buyers and sellers.