EUR/USD Short Term Outlook

FX:EURUSD   Euro / U.S. Dollar
48 0
EUR/USD has broken major support 1.2605 and is expected to show further weakness in the coming days.
On the downside break below will target 1.2500/1.2470 in the short term.
Minor resistance is around 1.2630. Any indicative break above would extend gain to 1.2660/1.2680.
Short term trend reversal only above 1.2750 (Cloud bottom).
Recommendation: Sell EUR/USD around 1.2630, SL 1.2660, Target 1.2500/1.2470
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out