FX.co ★ EUR/USD

Hello traders, EUR/USD As expected, the recovery of EUR/USD was used for selling, against which the pair, after testing the resistance around the levels of 1.1620–1.1630, broke the support at 1.1580 and dropped to the level of 1.1514 at the moment. The pair may continue to decline towards the support at 1.1480–1.1465, where moderate buying is possible. A breakthrough of the latter level will lead to a decline towards 1.1440–1.1420. A recovery towards 1.1560–1.1580 could be used for selling. A breakthrough of the latter level will increase the chances of passing 1.1600 and rising towards 1.1630.