EURUSD - Broke support

FX:EURUSD   Euro / U.S. Dollar
1174 13
The price of EURUSD broke support after the ADP release, Next local support found at 1.1175. Breaking below it could send the price down to the trend line (blue one on the char).
Very well possible that we go up from here indeed, I'm hoping it will bounce of that lower trendline...
+1 Reply
uhuu...that would be an interesting run!
hopefully it bounces off the lower trend!!!
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thank so much
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Your chart has been selected to be highlighted today! This is a great example of using support and resistance for planning a breakout opportunity.
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Razvan walker.england
Thank you!
broke is just shadow. and i think its move around 12500 and then little down and move upward to hit 13200 then fall.
+2 Reply
Razvan PooyaSalehipour
That's a long projection. Well the candle close below support on the 60 min time frame. so...on short term we might see a continuation of the down move
Razvan Razvan
Hammer seen right on the support. Waiting for its confirmation. Would be a good bullish signal.
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