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VanSteenMarketResearch
May 28, 2018 2:11 PM

EURUSD heading towards critical price level 

Euro Fx/U.S. DollarFXCM

Description

EUR fundamentals are more bearish because of the political situation in Italy.

Watch price action carefully when price reaches the 1.15 area. What might potentially happen:

- Not respecting the level and goes further towards 1.10 / 1.05 zone.

- Respect the level and bounce back towards 1.20 / 1.25 zone.

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