i think if they constantly failed to break the 1.4200 barrier then the pair will certainly down with 1.4000 as their support point of the week, i think it has a correlation with yesterday news
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if the price correct from a level higher than 1.4369 the it will correct down to this level and if the price closed below this level it will continue down to 1.4270 the price shouldn't break the 1.4536 level to apply this conditions, good luck
The EUR/USD fell on Tuesday as traders are starting to de-risk their portfolios during this latest round of economic uncertainty
the pair has succeeded in closing it's daily candle above level 1.4300 , and that's mean the up trend is still standing and the pair might head to 1.4400 and then 1.4450 , good luck .
Overnight and into the Asian session, EUR/USD traded between 1.4257 and 1.4372 as participants focused on a strong bounce in equity markets and buying in periphery debt.
the pair as we can see on the chart has success in breaking the level of 1.4300 and reached the level of 1.4200 , that's mean the down trend is standing and the pair might head to 1.4100 then 1.4050
The EUR/USD fell further after the beginning of the American session and bottomed at 1.4109, the lowest price July 19.
On 4H chart there is no signs of reversal and what is more on 1H chart there is bearish confirmation so I think we can see more downward movement if EURUSD passes support at 1.4100
Good luck everybody