Forex - Chart EUR/USD Update: Grinding lower


 04:29 (GMT) 22 May

  [Forex Charts]

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Chart EUR/USD Update: Grinding lower (0101-LFFQ-C01)

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Asterisk denotes strength of level

05:25 GMT - Steadied at 1.1142 low but the downside still vulnerable and the 1.1135 and 1.1112 lows now within reach. Below these will shift focus to the 1.1000 level. Upside see resistance now at 1.1188 then the 1.1200/25 area and lift over this needed to ease downside pressure and see room for bounce to retest the 1.1265 resistance.


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