- September 25, 2019
- Posted by: range
- Category: Forex News
EUR/USD Technical Analysis: A test of 1.0925 is likely while below 1.1053
- EUR/USD remains under pressure around the 1.10 neighbourhood so far this week.
- The down move to weekly lows near 1.0970 has opened the door for a potential new visit to YTD lows in the proximity of 1.0920 (September 3rd).
- Looking at the broader picture, the bearish view on the pair should persist as long as the 3-month resistance line, today at 1.1053, caps the upside.
EUR/USD daily chart