EURUSD is testing trend support, a second retest is formed and the chances of breaking this line are increasing. There is news ahead and if the market gets bad news for the euro, the price may break this area and fall to 1.075 on the background of the dollar growth
Prerequisites for further declines:
1) The dollar is fundamentally stronger
2) NFP is ahead, which will have a negative impact on EUR
3) Support retest is forming
4) Strong resistance at 1.0950
Prerequisites for further declines:
1) The dollar is fundamentally stronger
2) NFP is ahead, which will have a negative impact on EUR
3) Support retest is forming
4) Strong resistance at 1.0950
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