FxWirePro
Short

EUR/USD breaks minor support 1.08, decline till 1.07 is possible

FX:EURUSD   Euro/U.S. Dollar
631 0 11
EUR/USD             has recovered till 1.08295 at the time of writing after making a low of 1.0710. It is currently trading around 1.08087.

Short term trend is still bearish as long as resistance 1.08550 holds. Any break above 1.08550 will take the pair to 1.08850/1.0905.

On the lower side support is around 1.0800 and any break below will drag the pair down till 1.0740/1.0700 level.

Overall bearish invalidation only above 1.1000 level.

It is good to sell on rallies around 1.0800-0805 with SL around 1.0860 for the TP of 1.0710/1.0670
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out