Euro / Dollaro

EUR/USD-Daily analysis

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-Hello everybody!

-On EUR/USD we can see strong bearish control and we can see that price broke strong support level(upper yellow line),
-We can see that bears are in control and the price may keep falling until it reach new expected support line around 1.0945 and the we can expect retest or even break of that support level because pressure of sellers.
-On daily base USD is little bit stronger and EUR is few point behind it and on weekly base EUR is second weakest currency on that base.
-On lower time frames such as 1 or 4 hours we can see that price is mowing in strong down trend.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!

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-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.

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