Thu, Apr 02, 2026 22:06 GMT
More
    HomeLive CommentsEURUSD breaks 1.2154 as Euro gives up

    EURUSD breaks 1.2154 as Euro gives up

    ActionForex
    By ActionForex

    It looks like Euro bulls are finally giving up. We’re unsure of the reason yet. But the selling has a lot of intensity.

    EUR/USD powers through 1.2154 key support level. That’s an important indicate of medium term trend reversal. For the near term, 161.8% projection of 1.2475 to 1.2214 from 1.1991 in the next target.

    EUR/GBP’s break of 0.8688 also indicates that rebound from 0.8620 has completed. And deeper fall should be seen back to this support level.

    EUR/CAD’s rebound from 1.5461 should also be completed at 1.5712, ahead of 38.2% retracement of 1.6151 to 1.5461. Deeper fall would be seen back to retest 1.5461 first.

    Start Trading
    Start Trading
    Start Trading
    Start Trading
    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Load more

    Learn Forex Trading

    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

    Contact us: contact@actionforex.com

    © ActionForex.com © 2025 All rights reserved.