- EUR/USD remains entrenched into the negative territory and it has now breached the key support at 1.11 the figure.
- In doing so, the pair has now exposed a potential move to the area of 2019 lows in the 1.1030/20 band.
- Further down, the next relevant contention is expected to emerge at May 2017 low at 1.0839.
EUR/USD daily chart