EURUSD

image

EURUSD

EURUSD When it lost its 20-day exponential average, it actually gave a clear signal of weakness. The price fell to the averages we mentioned. Friday's close was also completed with a very negative candle. The direction in the parity seems down. The decline to around 1.078, which is marked in blue on the chart, may continue. Support: 1.0778 Resistance: 1.0891 - 1.0904