Get started
OctaFX_Official

EURUSD 1.1110 now key

Euro / U.S. Dollar (FX:EURUSD)  
OctaFX_Official  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns EURUSD euro dollar octafx support Support and Resistance
1
0
trendanalysis indicator chartpattern eurusd euro dollar octafx support supportandresistance
The euro currency has slipped into the red for the trading week against the US dollar, following a heavy rejection from the 1.1160 level. Bears have the upperhand while price trades under the 1.1110 level, leaving the EURUSD pair exposed to further losses. Overall, bulls need to maintain price above the 1.1130 level, or the EURUSD pair could slip back towards the 1.1050 level.

If the EURUSD pair trades above the 1.1110 level, bulls may test towards the 1.1130 and 1.1160 levels.
If the EURUSD pair trades below the 1.1110 level, sellers may test towards the 1.1080 and 1.1050 levels.

Related Ideas

OctaFX_Official
EURUSD 1.1050 in focus
OctaFX_Official
EURUSD 1.1130 pivot area
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.