• Vasily Trader

EURUSD: Key Support Ahead. Get Ready!

Hey traders,

EURUSD is trading in a downtrend.

The price set a new structure low this week.

Ahead is a strong support.

It is based on a major falling trend line linking the last lower lows.

Taking into consideration that the pair is relatively oversold,

I will expect a pullback from a green support cluster.

Closest resistance - 1.152