The EURUSD market is bearish with pressing selloffs signaling a breakout under a 1.0631 the 2020 March low. Sustained action under 1.0631 could open up a selling wave to 1.0550 and 1.0630. Corrective rebounds will likely struggle with the accelerating momentum of declines from the past several days. Only a close over 1.0894 (SAR) alerts for a sustained correction phase.
Resistance 2 1.0750
Resistance 1 1.0730
Support 1 1.0690
Support 2 1.0670
Last Updated Date: 26 April 2022 @ 5:30 AM (UTC)
*Please note that all the dates are in GMT time zone
