EURUSD is in retreat after resistance in the 1.09500 zone. We are currently seeing a test of 1.08000 with pressure to continue on the bearish side. Around 1.07000, the pair will have a chance to look for support in the EMA200 moving average. If that is not enough, we continue down to the 1.05000-1.06000 support zone.
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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.