After what appears to be a completed distribution phase, 
EURUSD looks ready to break lower toward key support levels. The first significant level to watch is 1.1263 — a clean break below it would likely open the way to the next two targets at 1.1145 and 1.1094. This move is supported by a strengthening 
DXY, which also appears bullish.
EURUSD looks ready to break lower toward key support levels. The first significant level to watch is 1.1263 — a clean break below it would likely open the way to the next two targets at 1.1145 and 1.1094. This move is supported by a strengthening DXY, which also appears bullish.
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Disclaimer
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.