FX.co ★ EUR/USD

EUR/USD Today, the currency pair EUR/USD failed to break above the resistance level of 1.1678 and by evening started to correct. Currently, the daily pivot level of 1.1656 has been breached, and I expect it to hold below. We are not likely to see significant downward movement today, but I believe the southern direction will continue tomorrow. The intraday selling targets for today are located at the support levels of 1.1634 and 1.1620. The main target is set at the key level of 1.1598. After midnight, the intraday grid will shift, but I think the main targets will remain around the same levels. The nearest strong support is at 1.1598, and I will likely consider buying from there to resume the northern direction.