ForexTrendline

Important levels in EURUSD

FX_IDC:EURUSD   Euro / Dollar AS
Friday's USD news had an impact and EURUSD is once again trading below 1.1000.

We will now monitor how it continues as we have determined the important levels from which to expect a reaction.

Important resistance levels are around 1.1017!

In the short term we will watch for the possibility of a decline towards 1.0915.

As the movement runs out and pushes back from support, we will look for opportunities for a new uptrend.

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