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Mihai_Iacob

EurUsd at confluence support and could reverse

Long
Euro / U.S. Dollar (FX:EURUSD)  
Mihai_Iacob  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators eurusdlong erurusd eurusdprediction forexsignals signals signalservice
22
12
trendanalysis chartpattern indicator eurusdlong erurusd eurusdprediction forexsignals signals signalservice
Since the beginning of June, EurUsd is in a clear up trend.
After reaching important 1.1 the pair has started to drop and at this moment is around confluence support.
A reversal from this point could follow and a new test of the 1.1 resistance.
On the other hand, a drop under support could lead to further losses to 1.07 zone
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