EURUSD on daily timeframe retraced from historical resistance zone 1.1380-1.1420, then pair dropped to target level 1.13.
On hourly chart EURUSD is supported by ascending trendline which connects min levels for 01-02.October 1.1132 and 1.11148. Probable scenario is upward correction to level 1.1360/80.
EURUSD decline is main scenario until the pair trades below 1.1420. The resumption of EURUSD decline leads to test of short-term targets 1.1280, 1.1260 and, finally, 1.1200.
EURUSD decline is main scenario until the pair trades below 1.1420. The resumption of EURUSD decline leads to test of short-term targets 1.1280, 1.1260 and, finally, 1.1200.
