EUR/USD rose to 10-SMA level of 1.1468 as anticipated earlier today.
But now, the pair looks shaky.
Also check out EUR/USD view posted earlier this week
But now, the pair looks shaky.
- Having failed to sustain above 1.1465, the currency pair is at risk of losing further ground towards 1.14 levels.
- A break below 1.14 would add credence to bearish move from daily highs and open doors for a drift lower to 1.1330 (minor rising trend line hurdle on the daily chart).
- Bulls need a daily closing above 1.1465 levels
Also check out EUR/USD view posted earlier this week