FX.co ★ EUR/USD

Hello traders, I am currently analyzing the EUR/USD currency pair on the hourly chart. On the hourly chart, the currency rate is falling from the level of 1.1870. Yesterday, the currency rate dropped from 1.1870 to 1.1775. At the moment, the currency rate is trading at 1.1812. Technical indicators are bearish. The MACD indicator is in the negative zone and decreasing. If there is a breakthrough of the 1.1770 level today, then we can expect a decline to the 1.1720 level. If buyers manage to surpass the 1.1840 level, then we can expect an increase in quotes to the 1.1900 level.