- EUR/USD moving towards support level
Price Movement
Yesterday, EUR/USD went up by around 50pips before coming back down for around 20pips.
Trend
Overall, EUR/USD is trending downwards.
Macro Background
None.
Important Issue
None.
Technical
Yesterday, EUR/USD tested and rejected the 1.30 key level.
EUR/USD went on to break the resistance level of 1.13256.
Currently, EUR/USD is moving towards the support level of 1.13256.
Price Levels
Current Price: 1.13385
Next Resistance: 1.14138
Next Support: 1.13256