EUR/USD Price Analysis: Bulls rejected and bears eye break below 1.0480

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EUR/USD Price Analysis: Bulls rejected and bears eye break below 1.0480
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EUR/USD Price Analysis: Bulls rejected and bears eye break below 1.0480 – by fx_ross EURUSD Technical Analysis

EUR/USD update

The price moved in on the support zone and has found buyers again. The bulls eye an upside continuation with 1.0600 on the radar on a break of the bull cycle highs. A break of the 1.0450s, however, will put the bullish bias into jeopardy and open risk to 1.0350/00 for the foreseeable future as per the hourly chart below:Information on these pages contains forward-looking statements that involve risks and uncertainties.

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