EURUSD Sustains Bearish Bias, trends qis ze ntawm qib ntawm 1.1070

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Kev Tshawb Fawb EURUSD - Lub Ib Hlis 20

EURUSD continued to fall during the American session and bottomed on the level at 1.1075, the lowest intraday level since December 24. At the time of composing, it is trading between the 1.1080 / 85 level, less than ten points beneath the exit on Friday.

Cov theem tseem ceeb
Kuj qib: 1.1450, 1.1280, 1.1172
Kev Txhawb Kev Txawj: 1.1066, 1.0981, 1.0879

EURUSD Lub Sijhawm Sij Hawm Rau Ntev: Ntaus

The euro is moving towards a third consecutive loss and the lowest daily exit within a month as it consolidates beneath the moving averages of 5 and 13 while maintaining a steady negative bias.

In the long run, a rebound from the level of 1.0879 is seen as a corrective movement at this point and, possibly, a further increase, possibly restrained by a partial recovery from 1.1412 to 1.0879 at 1.1450 level. Although the downtrend from 1.1450 (high) level may continue at a later stage.

EURUSD Lub Sijhawm Luv luv: Bearish

The attention stays at the support level of 1.1085 in the EURUSD pair. A steady break can complete the upper and lower cycle. It may also claim that the entire corrective advance from the 1.0879 level is over.

In this case, the intraday bias can be altered for the downside in support of the level of 1.0981 to confirm and on the upward, after the level of 1.1172 it may instead move upward for the level at 1.1250.

Ntsuas: EURUSD
Txim: Muag
Nkag tus nqi: 1.1085
Nres: 1.1130
Hom phiaj: 1.1040

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