EURUSD Breaks Channel

The euro currency remains under pressure against the US dollar on the foreign exchange market as the pair falls to a fresh 2020 trading low. A bearish breakout from a falling price channel is currently underway, following the move below the 1.1890 level during the European trading session. The Momentum indicator shows that bearish pressure is building, placing the 1.1860 and 1.1800 levels as the next downside targets.

The EURUSD pair is only bullish while trading above the 1.1990 level, key resistance is found at the 1.2060 and 1.2100 levels.

EURUSD pair is only bearish while trading below the 1.1990 level, key support is found at the 1.1860 and 1.1800 levels.

0 views0 comments



Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.


Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with