TipTVFinance

EUR/USD – Sell-off likely below 1.11

FX:EURUSD   Euro / U.S. Dollar
Despite pair’s sharp recovery from the low of 1.1104 on Friday, the subsequent failure at 1.1202 on Monday and a pull back to 1.1118 suggests the odds of a bearish break below 1.11 are high as also indicated by the falling tops formation on the daily chart .

Breach of 1.11 could yield a quick fire drop to 1.1040 (falling trend line support).

On the higher side, only a daily close above 1.1235 ( trend line hurdle) would signal fresh bullish move.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out