The EURUSD market is signaling a bear downturn with potential for declines to 1.0958. Yesterday’s reversal starts a near term turn for recovery action, likely working retracements to test 1.1121 resistance. A close over 1.1121 marks a short term turnaround and targets rallies back over 1.1233. A rejection from 1.1121 suggests secondary dips within yesterday’s reversal.
Last Updated Date: 10 March 2022 @ 3:00 PM (UTC)
*Please note that all the dates are in GMT time zone