Good morning to all!
Here the risk levels to monitor on EUR/USD are presented (1.1013 now).
On the downside, watch out the 1.10 level, yesterday low and be ready for a fast testing of last week lows in the 1.0990 area. Only a serious breakdown of this level will bring more weakness.
On the upside, 1.1020 would mean a test / break of the ST trend: only over 1.1030 we could be confident in a sustained upward movement.
Stay Safe
The material has been provided by InstaForex Company - www.instaforex.com