Contributors Technical Analysis EURUSD: Weakens On Price Sell Off

EURUSD: Weakens On Price Sell Off

EURUSD: The pair saw a sell on Tuesday opening the door for price extension in the days ahead. On the upside, resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1800 level where a violation will aim at the 1.1750 level. A break of here will aim at the 1.1700 level. Below here will open the door for more weakness towards the 1.1850. All in all, EURUSD faces further downside pressure on sell.

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