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EUR/USD Eyeing 1.1270/1.1300 Zone

EUR/USD Eyeing 1.1270/1.1300 Zone

Hi traders,Euro had a very bad week; price fell sharply against the US currency which is seen very strong and ready for more gains. Notice that leg down from 1.1630 is extremely sharp so it’s wave three which has room for even 1.1270/1.1300 area based on latest development. We see trend in bearish mode as long as 1.1520 level is not touched.

EUR/USD, 4h

eurusd, 4h

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