EUR/USD: Bear Pressure Builds Up Towards 1.1215 Zone

EURUSD bear pressure builds up towards 1.1215 zone as it looks to extend its weakness. Support stands at the 1.1200 where a break will aim at the 1.1150 level. A break below here will target the 1.1100 level. Further down, support lies at the 1.1050. On the upside, resistance comes in at 1.1350 level with a break through there opening the door for further upside towards the 1.1400 level. Further up, resistance comes in at the 1.1450 level where a violation will expose the 1.1500 level. All in all, EURUSD continues to face downside pressure.



Interested in EURUSD technicals? Check out the key levels

    1. R3 1.1404
    2. R2 1.1375
    3. R1 1.1336
  1. PP 1.1306
    1. S1 1.1267
    2. S2 1.1238
    3. S3 1.1199


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