EURUSD will weaken further. The reason for this is further strengthening of the dollar. News from the FOMC suggests further decline in the currency pair
TA on the high timeframe: 1) The market is testing the support at 1.0635 2) The third retest is formed after 4 days - high chance of further support breakout
TA on the low timeframe: 1) The descending price channel continues to form 2) False breakout this morning may give a small correction to 1.06750 before further support breakout 3) EUR support at 1.06350 could break quite quickly amid a weak market. A sell signal would be price consolidation below the level
Key resistance 📈: 1.0675, 1.0707 Key support 📉: 1.0635