Support zone on EURUSD

268
Yesterday EURUSD started EU session with rise, but failed to continue and is currently passing below the previous low.

This doesn’t change the main direction we’re looking for and we will watch for pullback from the support zone.

We are more likely to see further pressure towards 1.0778 today, with the NFP data coming tomorrow which may provide new entry opportunities.

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.