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OctaFX_Official

EURUSD targeting 1.1100

Euro / Dólar Americano (FX:EURUSD)  
OctaFX_Official  
FX:EURUSD   Euro / Dólar Americano
Trend Analysis Chart Patterns Technical Indicators EURUSD euro dollar octafx support Support and Resistance Relative Strength Index (RSI)
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trendanalysis chartpattern indicator eurusd euro dollar octafx support supportandresistance relativestrengthindex
The euro currency has fallen to a fresh 2019 trading low against the US dollar, hitting 1.1135, as the greenback continues to surge higher across the board. The technical picture for the EURUSD pair is increasingly bearish, with price now trading below the neckline of the head shoulders pattern. The next major downside target for EURUSD sellers is likely to be the 1.1100 support level.

The EURUSD pair is heavily bearish while trading below the 1.1175 level, key technical support is found at the 1.1135 and 1.1100 levels.

If the EURUSD pair trades above 1.1175 level, key intraday resistance is found at the 1.1216 and 1.1230 levels.

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