The EURUSD market is bearish with pressing selloffs signaling a breakout under a 1.0590. Sustained action under 1.0590 will open up a selling wave to 1.0530 and 1.0500 soon. Corrective rebounds will likely struggle with the accelerating momentum of declines from the past several days. Only a close over 1.0818 (SAR) alerts for a sustained correction phase.
Resistance 2 1.0680
Resistance 1 1.0660
Support 1 1.0611
Support 2 1.0590
Last Updated Date: 27 April 2022 @ 7:00 AM (UTC)
*Please note that all the dates are in GMT time zone
