Euro / U.S. Dollar

Short

EURUSD SUPPORT NEAR HIT

Although the EURUSD was quite near the strong support level at 1.1142, it failed to touch this level, suggesting that pair remains weak with some further potential to decline, at least for the short while. At the support level (if hit) we'll need to see whether holding or not. On the other hand, breakout above R1 should switch the ranging mode on.

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📱 Telegram: t.me/Tradensee

Also on:

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.