Forex4you - Analytics

    Forex4you

    550.75 6.75/10
    60% of positive reviews
    Real

    EUR/USD: mini-down-trend extending

       
    The EUR/USD pair as started falling again, renewing it’s down-trend and breaking below Monday’s 1.0979 lows.

    It will probably extend the current down-trend, and a break below the key June 29 1.0954 lows would provide strong confirmation of an extension lower, with a probable target at the S1 monthly at 1.0873 – or for more conservative traders at round number support at 1.0900.

    EURUSD07

       
    The EUR/USD pair as started falling again, renewing it’s down-trend and breaking below Monday’s 1.0979 lows.

    It will probably extend the current down-trend, and a break below the key June 29 1.0954 lows would provide strong confirmation of an extension lower, with a probable target at the S1 monthly at 1.0873 – or for more conservative traders at round number support at 1.0900.

    EURUSD07


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree