EURUSD Daily chart analysis; key levels to watch out for
EURUSD fell strongly over the past few days which was expected because of the strong resistance
at the 1.1085 level. Currently, the price is slowly inching toward the first dynamic support level at
1.0770. Although EURUSD may reach 1.0770, I do not recommend opening any more sell trades at
the current price levels.
In fact, it would be wise to wait for a pullback and then if bearish price action forms, we can consider
selling again.
at the 1.1085 level. Currently, the price is slowly inching toward the first dynamic support level at
1.0770. Although EURUSD may reach 1.0770, I do not recommend opening any more sell trades at
the current price levels.
In fact, it would be wise to wait for a pullback and then if bearish price action forms, we can consider
selling again.