EURUSD Continues Downward: Key Levels And Forecasts

Bank Note, Euro, Bills, Paper Money

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Making moves on the Forex market today, the rate of EURUSD has extended its downside movement from 1.1139 to hit as low as 1.0844.

Expect more room for a possible further decline following a minor consolidation. This movement has eyes on the next target of 1.0800. Dropping below this level could set sight on the 1.0723 support.

On the other hand, an immediate resistance is located at 1.0910. Surpassing this level might trigger another rise, this time gearing up to retest the 1.0998 resistance line.


More By This Author:

EURGBP Plunges Below Support: Anticipated Movements And Target Points
GBPJPY Continues Upward Post-Consolidation: Key Points To Note
EURUSD Breaks Support: The Downside Resumption And Potential Scenarios

Disclaimer: 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 ...

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