USD/JPY: Bearish pressure for a slide towards 98.50

  • EUR/USD 

Current level - 1.2810

Forex Technical Analysis on EUR/USD

Yesterday's slide from 1.2897 has tested 1.2750 support area and current intraday bias is slightly positive, for an attempt at 1.2840 minor resistance, en route to 1.2930-50 key zone. Crucial on the downside is 1.2750 area, as a violation of that level will expose 1.2650 region.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.