EUR/USD Broader Bias Remains Lower
FXTechstrategy Team | Dec 16, 2018 10:13AM ET
EUR/USD remains biased to the downside on further corrective pullback. Support lies at the 1.1250 where a violation will aim at the 1.1200 level. A break below here will aim at the 1.1150 level. Further down, support lies at the 1.1100 level. On the upside, resistance resides at the 1.1350 level with a break through the opening door for further upside towards the 1.1400 level. Further up, resistance comes in at the 1.1450 level where a violation will expose the 1.1500 level. All in all, EUR/USD continues to face downside towards key support.
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