The pair broke below the consolidating channel pattern around 1.1750 price level, with the strength of USD there is high chance the sell pressure will continue and will drive the price down to 1.1585 price level.
Pivot point: 1.1723
Resistance level 1: 1.1754 Resistance level 2: 1.1804 Resistance level 3: 1.1835
Support level 1: 1.1673 Support level 2: 1.1642 Support level 3: 1.1592
if the downward trend returns then the support of 1.1673 may falter, which could pull the price lower to 1.1642.
Bias: SELL EURUSD @ CURRENT PRICE 1.16666 SL 1.1770 TP = 1.1544
Pivot point: 1.1723
Resistance level 1: 1.1754 Resistance level 2: 1.1804 Resistance level 3: 1.1835
Support level 1: 1.1673 Support level 2: 1.1642 Support level 3: 1.1592
if the downward trend returns then the support of 1.1673 may falter, which could pull the price lower to 1.1642.
Bias: SELL EURUSD @ CURRENT PRICE 1.16666 SL 1.1770 TP = 1.1544