thedailychartist

EURUSD currently at support levels. Will they flip?

FX:EURUSD   Euro / U.S. Dollar
Wedge top breakout with follow through sell-off. Seeing support region at 1.1230-60 and bears will be looking to flip that to continue sell-off.
On the other hand, bulls camp will look to buy at these areas. We might see a broad trading range going forward.
Neutral for now but looking to buy until we see a clear break below support.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.