jsaettele

EURUSD Testing Breakdown Level

FX:EURUSD   Euro / U.S. Dollar
EURUSD is sitting just above the breakdown level described last week. If price bounces off of this level, then proposed resistance remains 1.1900/10. However, I’m also willing to go with weakness under 1.1780 now. Downside focus is on old highs near 1.1420 and 1.1500.

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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