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EUR/USD has declined to the level below 1.1900. Moreover, on Tuesday and Wednesday, the price confirmed the 1.1910 level as resistance. In the near future, the currency pair is expected to continue its decline.
In theory, the price should aim at the technical support of the weekly S1 simple pivot point at 1.1866. In case this level gets passed, the pair could look for support at around 1.1850 and the June low levels.
On the other hand, if the pair manages to find support in the weekly S1 simple pivot point, the pair will be able to surge. A potential surge would find resistance first at the 1.1910 level and afterward at the 55, 100, and 200-hour simple moving averages as well as the weekly simple pivot point in the 1.1913/1.1924 range.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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