Intraday bias in EUR/USD turns positive at this point. Further fall is still in favor as long as 1.1639 minor resistance holds. A break of 1.1528 will resume a larger decline towards the 1.1289 level. On the upside, a break of 1.1639 resistance, however, will indicate short-term bottoming. intraday bias will be turned back to the upside for the stronger rebound.
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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.