EURUSD Weakness Remains On Bear Pressure

11 August 2019, 14:25
FXTechstrategy.com
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EURUSD weakness remain on bear pressure following its past week price action. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000. Conversely, on the upside, resistance resides at 1.1250 level with a break through there opening the door for further upside towards the 1.1.1300 level. Further up, resistance comes in at the 1.1350 level where a violation will expose the 1.1400 level. All in all, EURUSD expects more weakness to occur in the days ahead.




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