Euro / U.S. Dollar

EURUSD ANALYSIS

92
EURUSD reacted nicely to the 1.55 support and iis now in a range near it, we have been in a major downtrend though.

-If EURUSD keeps above this 1.55 support and breaks the downtrend we enter a long with 1.17 as the target.

-If EURUSD breaks this support and continues this downtrend we can look for a short to 1.14 as our target if we get enough volatility, if the pair moves a little bit more slow we can target 50 pips only for a safer trade.

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.