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Forex Forum → Market Analysis → EURUSD Sees Price Hesitation With Bearish Bias

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Topic: EURUSD Sees Price Hesitation With Bearish Bias

EURUSD: With the pair still facing price correction despite its past week price hesitation, more correction is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1.2150 level. Conversely, support lies at the 1.1900 level where a violation will aim at the 1.1850 level. A break of here will aim at the 1.1800 level. Below here will open the door for more weakness towards the 1.1750. All in all, EURUSD faces corrective pullback despite price hesitation.

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Forex Forum → Market Analysis → EURUSD Sees Price Hesitation With Bearish Bias

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