Currently, EUR/USD is trading at 1.1035 moving towards its neckline, from last week this pair is in an uptrend and after rebounding from its resistance level it is about to break the neckline. If it breaks the neckline at 1.0977, pair may enter into a new downtrend and then the next support which is at 1.0878 will be its first target.
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat