The Euro is struggling against most of the Majors. Presently it is ditch the Risk Currency and Buy the Safe Haven.
With a recent Double Top acting as price reversal , and a break of support at 1.39, it seems that price may be looking to retest the next daily support zone.
This would be the 1.32-1.33.
Shorting from 1.3700 break might be possible or a retest and resistance holding at 1.39.30.
With a recent Double Top acting as price reversal , and a break of support at 1.39, it seems that price may be looking to retest the next daily support zone.
This would be the 1.32-1.33.
Shorting from 1.3700 break might be possible or a retest and resistance holding at 1.39.30.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.