EURUSD has broken support prior to the ECB Bank Lending Survey, which enhances the Eurosystem’s knowledge of financing conditions in the euro area. Technically the pair has broken range support, and done a retest. The RSI now points to downside, and we are targeting the 61.8% fibonacci extension level at 1.15450.
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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.