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EUR/USD finally broke below the support at 1.0950 and is headed for target 1.0800, but I think that the pair will likely continue descending lower than that, possibly reaching 1.0600, where there is another considerable level of support.
Momentum down is strong - if it continues it will go even lower than 1.060 : next support will be somewhere at 1.050
As long as the price stay below the 1.0910 level, Eur/Usd is heading downside to the 1.0800 level.
Tomorrow no US news - probably ranging day
The rally on the Dollar has kept the EURUSD to the downside, and it looks like it wants to fall further.
Level 1.090 is harder to break than it looked. It becomes the crucial level
EURUSD is testing the long term support. It will need some news to break it - and since today there are no significant news, do not expect too much today. Probably a day in a little tighter range than yesterday with a mild profit collecting
EURUSD is testing the long term support. It will need some news to break it - and since today there are no significant news, do not expect too much today. Probably a day in a little tighter range than yesterday with a mild profit collecting
It will not go bellow today - no news
This will be a usual ranging day - no signs of nay significant will to move either way
It is not just Grexit that is going to push Euro down - it is confirmed that there will be a referendum in GB in 2017 - Brexit could hit Euro much harder
Guys : dismiss all the rumors and talks. Right now EURUSD is testing the long term support. Nothing else