EUR/USD we now expect more losses to 1.0879

0 118
  • EUR/USD remains on the defensive below the key 1.10 level.
  • Further decline exposes 2019 low at 1.0879.

The EUR/USD pair accelerated to the downside at the end of the week after the convincing break so far below 1.10, hitting new yearly lows in the 1.0950/45 range.

The heightened interest in selling has now opened the door for a potential visit to the 2019 low of 1.0879 on October 1st.

In the broader picture, while below the 55-day SMA, today at 1.1086, more drop should remain expected.

EUR/USD daily chart

EUR/USD we now expect more losses to 1.0879

.

Sponsored

Seize the chance to earn real money instantly!
Take 4 simple steps along the path to success and financial independence
1
Open a trading account to sign up for MetaTrader 4
Beginner traders can start their career in forex Practice on a demo account
2
Download MetaTrader 4 - Powerful, reliable and proven trading platform
System requirements: Windows 7 and later versions
platform MetaTrader 4 for Android
System requirements: Android 4.0 and above, 3G/WiFi
platform MetaTrader 4 for iOS
System requirements: iOS 4.0 or later, 3G/Wifi
3
Deposit to your trading account through any convenient payment system
4
Great bonuses guarantee your confident start in trading
Bonuses are added ranging in size From 20% to 50% to your account every time you make a deposit
Related topics
guest
0 comments
التقيمات المضمنة
عرض جميع التعليقات
enEnglish