There is no incentive to go long European data is bad and the Russian war is at the gates of the eastern of Europe The technical pullback is only a temporary manifestation of the price, the downward mood persists in the market. In order for a new round of the downward cycle to occur, the quote needs to be stable below the 1.0500 level. This will lead to an...
Break Daily support in 30M chart Strongly will go to weakly support .
This weakly chart appear STRONG resistance for high 29June 2020 .
A successful break of the 100-SMA and a monthly resistance line, now support around 1.1285-90, keeps EUR/USD buyers hopeful
EUR/Usd has run into strong resistance, however, in the form of a key long-term downtrend