Forex Technical Analysis & Forecast

8 ביוני 2021

After finishing the descending wave at 1.2132 along with the correction towards 1.2185, EURUSD is consolidating below the latter level. Possibly, the pair may continue this decline to reach 1.2704. Later, the market may correct to test 1.2155 from below and then resume trading downwards with the target at 1.2050.