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EUR/USD recovery fails – FXMarketAlerts

FXStreet (Barcelona) - The FXMarketAlerts Team shares the technical outlook for EUR/USD, noting that the pair’s recovery has failed and a new low can be made on a break below 1.13.

Key Quotes

“Recovery has failed for now just above the 1.1350 res. andprices arer under pressure again."

"A break of 1.13 will probably signal a new low to follow with next target sup. at 1.1260/77."

"Mkt. needs to clear 1.1359 to signal a reversal”

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