Technical analysis of EUR/USD 11/24/2021

The EUR / USD currency pair broke through the support of 1.1300 (61.8% Fib) on the (1W) chart. Currently the pair trading in the 1.1230 area.

The break of this support technically means the transition to the downtrend with the target at 1.0640 (2020 minimum).

The nearest resistance is at the level of 1.1500.

EURUSD_STPWeekly

Created by Joshua Hayn

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