Euro / U.S. DollarShort
EURUSD: Time to Drop Lower
For the past two weeks, EUR/USD was trading in a sideways pattern, but it saw a rise in bearish activity following significant news released last Friday.
The price has broken below a key support level on the daily chart, suggesting a potential downward trend.
The next support level to monitor is at 1.090.
The price has broken below a key support level on the daily chart, suggesting a potential downward trend.
The next support level to monitor is at 1.090.
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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.