EURUSD Risk Remains Lower On Further Decline11th February 2019
By FXTechstrategy Team
EURUSD risk remains lower on further decline in the new week as it closed lower the past week. Support stands at the 1.1300 where a break will aim at the 1.1250 level. A break below here will target the 1.1200 level. Further down, support lies at the 1.1150. On the upside, resistance resides at 1.1350 level with a break through there opening the door for further upside towards the 1.1400 level. Further up, resistance comes in at the 1.1450 level where a violation will expose the 1.1500 level. All in all, EURUSD continues to threaten further downside pressure.
This is an excerpt from our 10-currency daily analysis and trade alerts with buy/sell entries, stoplosses and profit targets…Click Here To Get Started
Read more and Click Here To Get Started