EURUSD: Under Pressure But Around Critical Support!
As long as 1.1530 resistance holds on a daily closing basis, the EURUSD remains on the downside to the 1.1478 levels, a halt is likely but a cut would open 1.1407 levels, further down, support comes at the 1.1350 levels.
On the upside, a failure to hold below the 1.1478 levels on a daily closing basis could mean a return to the 1.1530 levels, above that level sees a recovery risk to the 1.1590 levels, further upside, resistance comes at the 1.1668 levels.
A failure to hold below 1.1478 levels on a daily closing basis could mean a return to the 1.1530 levels.
Conclusion: The EURUSD continues to face downside threats below 1.1530 levels, above 1.1530 sees a recovery threats to the 1.1590 levels…
Support : 1.1478, 1.1407, 1.1350, 1.1290
Resistance: 1.1530, 1.1590, 1.1668, 1.1756