Euro / Dollar AS

Support on EURUSD

1242
Price completed all of our expected targets last weeks and it's currently holding.
EURUSD below 1,800. What to expect?


The next level for this pair is 1,1680. This is the main support level right now and it should hold price for a little while.

That means that we could use this level to collect some profits, wait for a break and retest and then use it to enter again.

Also, from that level we could expect a pullback that would give us a better entry levels until the rest of this week.

In our next analysis we will see what are the entry opportunities, however we expect to have a bigger move on Wednesday!

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