We expect a decline

On the chart we observe that the pair opened with a gap in favor of the euro and headed up. The last candle has a large upper course and turns around. In the case of continued decline, we believe that the pair will rush to the level of 1.13 and below to 1.1260.

Therefore, we advise you to look for points to enter short positions and consider with your goals at the marks of the above levels. At the moment, the resistance level for the pair is the mark of 1.1390.
Beyond Technical AnalysisEURForexfxTechnical IndicatorsmarkettraderTrend AnalysisUSD

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