Downward momentum in EURUSD

Downward momentum in EURUSD

Downward momentum in EURUSD

EURUSD:

In the EURUSD parity, where there is a downward trend, we see that there is a more horizontal movement today. With the appreciation of the dollar index, we can expect the downward trends in the parity to gain momentum.

If the downtrend continues, if the price breaks the 1.1490 support level, it could decline to 1.1381 and 1.1293 levels. However, in possible upward movements, the price may reach the resistance levels of 1.1634 - 1.1704 and 1.1802.

Previous News