Short

EURUSD: Key Levels to Watch 🇪🇺🇺🇸

Updated

Hey traders,

Bears are unstoppable on EURUSD.
Today we see a strong bearish continuation.

Ahead is a 2-years low.
If the price breaks that to the downside the market may drop all the way down to 1.034 - 1.0415 demand cluster based on a 6-years low.

For those who are looking for buying opportunities,
I would suggest waiting for a decent confirmation from one of the underlined levels before you buy.
Be very careful.

For shorting, consider a breakout of support 1 and its retest
or 1.111 - 1.118 supply area.

Good luck!

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Note

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