EUR USD struggling to provide any bullish price action

EUR USD struggling to provide any bullish price action

The Eur/Usd pair has been an absolute dumpster fire since the DXY went on its latest tear.

If it can't break up soon, expect yearly lows around 1.10260 to be retested.

A break there and there is basically no limit to the downside.

I plan to look for longs around the yearly lows, but will continue to short each bounce until the Fed can ease this dollar run.


Support levels are as follows:

S1
1.108
S2
1.1052
S3
1.1012

Resistance Levels:

R3
1.1215
R2
1.1188
R1
1.1147

הערה:

Come to Papa