EUR/USD broke support level 1.1810

EUR/USD broke support level 1.1810

  • EUR/USD broke support level 1.1810
  • Next sell target 1.1710

EUR/USD today broke the support level 1.1810 (which stopped the previous downward impulse (i) at the start of May, as can be seen below). The breakout of the support level 1.1810 continues the active minor impulse wave (iii), which belongs to the impulse waves 3 and (C). EUR/USD is expected to fall further toward the next sell target at the next support level 1.1710 (low of wave 2 from December).



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