The EURUSD has continued falling during today's trading session. As we continue to chop lower, rallies continue to get sold into with the 50-day EMA and the area between 111 and 112 being a major barrier and a dynamic resistance level. If EURUSD breaks below 109.70 - 109.50 then 108.50 probably gets targeted.
Buying signals will be triggered only if a break above 112 takes place.
Buying signals will be triggered only if a break above 112 takes place.