Euro Breaks Key Support Against US Dollar, Downside Risks Emerge

The EURUSD currency pair has broken below the key 1.0788 support level, indicating that the recent upside move from the 1.0600 low has likely completed at the 1.0915 high. This technical breakdown has opened the door for a potential bearish correction. Further Downside Risks After Consolidation Following the break of the 1.0788 support, the next … Continue reading "Euro Breaks Key Support Against US Dollar, Downside Risks Emerge"

Euro Breaks Key Support Against US Dollar, Downside Risks Emerge
The EURUSD currency pair has broken below the key 1.0788 support level, indicating that the recent upside move from the 1.0600 low has likely completed at the 1.0915 high. This technical breakdown has opened the door for a potential bearish correction. Further Downside Risks After Consolidation Following the break of the 1.0788 support, the next … Continue reading "Euro Breaks Key Support Against US Dollar, Downside Risks Emerge"