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EURUSD






8/10/2017 12:21:06 AM

EURUSD - Technical Analysis: Thursday, 10/08/2017 04:21 GMT



The EURUSD pair touched 1.1704 level yesterday and rose to approach from retesting the most important resistance at 1.1783, noticing that the price begins today with bearish bias to resume the correctional bearish trend, to keep the bearish trend valid and expected in the coming period.

Thus, we are waiting to break 1.1704 to confirm heading towards 1.1640 as a next target, noting that surpassing 1.1783 will stop the current decline and push the price to rise again.


Target
Risk


Support
Resistance


Trend Bearish

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