EUR/USD has broken its key support level of 1.13050.
It is also a oversold zone and hence we expect the pair to pullback and retest the broken support.
So the level of 1.13050 is the ideal place initiate shorts and we expect the pair to move to the levels of 1.11596 from there on.
It is also a oversold zone and hence we expect the pair to pullback and retest the broken support.
So the level of 1.13050 is the ideal place initiate shorts and we expect the pair to move to the levels of 1.11596 from there on.