EURUSD: Under Pressure Below 1.0705 !

EURO dollar 594 e1579955875401

With EURUSD failing to take out the key resistance 1.0705, the risk has shifted to the downside towards the 1.0670 levels, a halt is kiley and buyers may return around 1.0670, but a cut through the 1.0670 levels will open 1.0630 next, further down, support comes at the 1.0600 levels.

On the upside, neckline comes at the 1.0705, a break will turn focus on the 1.0730 next, further upside resistance comes at the 1.0762 levels…

Conclusion: The EURUSD continues to face downside threats below the 1.0705 levels, above 1.0705 will reverse risks towards the 1.0730/1.0762 levels….


EURUSD_ Under Pressure Below 1_0705 !