muxchlass
Short

Euro Continues Depressed, Beware Correction

FX:EURUSD   Euro Fx/U.S. Dollar
35 0 0
The euro             continues to weaken and managed to reach the target the range of 1.1235 - 1.1186. Currently, the euro             still in the 1.1096 support area . For today's trading strategy is still looking for a SELL signal. Potentially bearish pressure continues towards the range 1.0965 - 1.0884 if the euro             broke through support at 1.1096.

Be - careful with the condition of technical indicators which demonstrate the potential bullish divergence which can trigger the strengthening of the euro             to be corrected. If the euro             continues stuck above support at 1.1096, then it can open up the possibility of targeting the euro             strengthened the resistance at 1.1226 - 1.1372.

Preferences: Bearish , Notice 1.1096 support
Support: 1.1096, 1.0965, 1.0884
Resistance: 1.1226, 1.1372, 1.1649
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