The EUR / USD pair that is trading at 1.3190 has moved lower after the breakdown of the short-term trend line. Before the continuation of the descending trend, we will observe the usual pullback to 1.3240 weekly resistance. If this level is broken, the pair is expected to reach the 1.3309 level that is considered as the next resistance level.
Therefore, we recommend Sell-deals at the weekly resistance level around 1.3240 with a short-term objective 1.3055.
The MACD indicator and range are showing the bearish signals.
