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Rotuma
Oct 22, 2019 1:15 PM

EUR/USD Euro is sliding towards 1.11220 

Euro Fx/U.S. DollarFXCM

Description

The Euro's rally against the U.S.dollar could be coming to an end after a great run from 1.10540 to 1.11645. The pair failed to continue at 1.11645 and is now heading towards a critical support price point at 1.11220 from the time of writing. This might determine Euro's next move. Euro needs to hold above 1.11220 to continue the current trend. A breakdown below 1.11220 could reverse the trend and push prices down to 1.10955 and 1.10540
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