EUR/USD Faces Selling Pressure, Retests 1.0730 Level
After encountering selling pressure at 1.0815, the EUR/USD pair retraced to retest the 1.0730 level. The initial support level expected to hold the price is situated at 1.0720. Below this level, the levels to watch are 1.0700 and 1.0660, respectively. On the upside, the first resistance level is found at 1.0750. Above this level, the levels to monitor are 1.0780 and 1.0815, correspondingly.
|
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
|
1.0815 |
1.0780 |
1.0750 |
1.0720 |
1.0700 |
1.0660 |