EUR/USD Intraday Bearish
Pivot point: 1.1642
The bearish trend continued with the EURUSD falling through the first support level of 1.634 during the US trading session. For future trading references, if the trend appears bullish then the resistance of 1.1672 could be broken and push the price up to 1.1715. However, if the downward trend returns then the support of 1.1599 may falter, which could pull the price lower to 1.1569.
Resistance level 1: 1.1672 Resistance level 2: 1.1715 Resistance level 3: 1.1745
Support level 1: 1.1599 Support level 2: 1.1569 Support level 3: 1.1526
Pivot point: 1.1642
The bearish trend continued with the EURUSD falling through the first support level of 1.634 during the US trading session. For future trading references, if the trend appears bullish then the resistance of 1.1672 could be broken and push the price up to 1.1715. However, if the downward trend returns then the support of 1.1599 may falter, which could pull the price lower to 1.1569.
Resistance level 1: 1.1672 Resistance level 2: 1.1715 Resistance level 3: 1.1745
Support level 1: 1.1599 Support level 2: 1.1569 Support level 3: 1.1526