EURUSD Breaks Support: The Downside Resumption and Potential Scenarios

BY admin admin

Breaking news in the Forex market: EURUSD has crashed through the 1.0876 support level. This signifies a resumption of its downward movement, originally from 1.1139. A fresh resistance level has now formed at 1.0900. Should this line hold firm, we could potentially see a continued decline in the ensuing days. The prime target for this &#8230; <a href="https://www.forexcycle.com/short-term-forex-analysis/137452-eurusd-breaks-support-the-downside-resumption-and-potential-scenarios.html">Continue reading<span> "EURUSD Breaks Support: The Downside Resumption and Potential Scenarios"</span></a>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

EUR/CHF: Acceptance of higher levels amongst SNB members should rise again – Commerzbank

One central bank that seems to have almost emerged victorious from the fight against inflation already is the Swiss National Bank (SNB). Economists at

Forex

UK data: BRC January like for like sales +8.1% y/y (prior +0.6%)

British Retail Consortium data for January 2022:Total sales +11.9% in January (compared with the same month last year)the biggest increase since May 2021 Like for like sales +8.1% (like-for-like sales

Forex

US Dollar finds momentum on US yields recovery, closes a 2% yearly loss

The US Dollar (USD) remains on a subdued tone on the last trading day of 2023.

Copyright © 2024 | WordPress Theme: Xews Lite