For a week now, EurUsd is consolidating in a 100 pips range between 1.0048 and 0.9952. Looking closely at price action we can see that rallies are sold and with the pair back near support we can have a break. Such a break could lead to a new low and the measured target for this drop is around 0.9830.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.