The next target on EURUSD is 1.1640!
Once again we are going to look at the analysis from last week.
(All the analysis are on the H1 timeframe and they show the main price direction)
EURUSD has now reached the first support at 1,1680 and everyone who has short positions could wait for the continuation or at least move SL to breakeven.
If you're looking for entries now, we suggest to wait for the breakout of this current support.
There is no reason to enter short before price has closed below a key support, so that's why we have to wait.
Short-term target is 1,1640.
In our analysis tomorrow we will share with you the next support levels.
(All the analysis are on the H1 timeframe and they show the main price direction)
EURUSD has now reached the first support at 1,1680 and everyone who has short positions could wait for the continuation or at least move SL to breakeven.
If you're looking for entries now, we suggest to wait for the breakout of this current support.
There is no reason to enter short before price has closed below a key support, so that's why we have to wait.
Short-term target is 1,1640.
In our analysis tomorrow we will share with you the next support levels.
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