Euro / U.S. DollarShort
EURUSD remains under pressure
EURUSD is approaching the 1.0800 support which aligns with the 78.6% Fibonacci retracement and ascending trendline. If EURUSD rebounds above 1.0800, the price could extend gains toward the 1.1000 resistance. Conversely, a break below 1.0800 could prompt a deeper decline, with 1.0650 as the next potential support.
Author: Li Xing Gan, CMT, CFTe,
Financial Market Strategist Consultant to Exness
Author: Li Xing Gan, CMT, CFTe,
Financial Market Strategist Consultant to Exness
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