EUR/USD technical analysis

11 May 2020 12:04 PM

The pair is moving sideways between the $1.0770 support and $1.1000 resistance levels. The pair is approaching the lower level of the cross channel and is expected to rise and target $1.0870-$1.1000 levels. If the $1.0770 support is broken, declines to the $1.0650 level may continue.


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