EUR/USD Price Analysis: Bears move in and eye a break of 1.0600 – by fx_ross EURUSD Technical Analysis
EUR/USD is stalling on the bid and the W-formation could play out for a move into the 1.0620s.
On the upside, however, we have 1.0700 as a key level where a measured move of -0.272% of the potential correction's range to support meets the prior mid-summer resistance looking left. We have 1.0790 thereafter as the next level. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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