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EURUSD Risk Still Remains Lower On Pullbacks

Summary

EURUSD Risk Still Remains Lower On Pullbacks EURUSD: The pair remains weak and vulnerable to the downside despite its price hesitation. Resistance comes in at 1.1800 level with a cut.

EURUSD: The pair remains weak and vulnerable to the downside despite its price hesitation. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Below here will open the door for more weakness towards the 1.1550. All in all, EURUSD faces further corrective pullback threats.

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