Home EUR/USD Technical Analysis: Rising odds for a visit to 2019 low at 1.0925″¦ and below

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EUR/USD Technical Analysis: Rising odds for a visit to 2019 low at 1.0925″¦ and below

FX Street

Updated: 26 Sep. 2019 | 11:07

EUR/USD stays under heavy selling pressure in the second half of the week and is navigating just pips away from YTD lows near 1.0920.
A break below 1.0925 should open the door for a deeper retracement to, initially, 1.0839 (monthly low May 2017).
Looking at the broader picture, the bearish view on the pair should persist as long as the 3-month resistance line, today at 1.1057, caps the upside.

EUR/USD daily chart

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