Will EUR/USD continue the drop towards the 1.0430 level?
|EUR/USD
Looking at EURUSD’s chart, we can see that after the FX pair reached the level of $1.06, it started falling to the current rate of $1.0461. which is close to its support level of $1.0450. If it manages to hold it above that level today, then we could expect it to rise towards its first resistance level at around $1.0530, otherwise it should continue to fall towards its next support level at around $1.0430.
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