From TradingView · · 30s
EURUSD Update: Bullish Bounce Expected
EUR/USD rebounds after breaking below 1.1200 support.
In brief
EUR/USD rebounds after breaking below 1.1200 support. EUR/USD bounced from 1.1150 low to 1.12387 as it holds above 1.1200 support. Originally reported by TradingView.
EUR/USD Daily Trend
EUR/USD has been in a steady downtrend since late April after topping 1.1750.
Support Zones Broken
Price broke through support zones at 1.1450, 1.1350, and 1.1200 before hitting 1.1150.
Current Bullish Bounce
EUR/USD bounced off 1.1150 low to 1.12387, holding above 1.1200 support.
What matters most
EUR/USD bounced from 1.1150 low to 1.12387 as it holds above 1.1200 support.
