Forex - Chart EUR/USD Update: Downside risks increasing


 14:15 (GMT) 13 Feb

  [Forex Charts]

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Chart EUR/USD Update: Downside risks increasing (0101-JCYV-C01)

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Asterisk denotes strength of level

14:05 GMT - Prices remain under short-term pressure, as intraday studies weaken. The break below 1.1300 is adding fresh weight to price action, with focus now on 1.1264/66. Risk is increasing for further slippage, with a break beneath here confirming continuation of the January bear trend towards critical support at 1.1200/13. Meanwhile, a close above 1.1350 is needed to prompt a cautious upgrade.


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