EUR/USD at the 1.3800 level.

fxstrategist

Corporal
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Will the EURUSD visit the 1.3800 level? If we do see a visit to that level, we should keep in mind that the price may continue going lower towards the 200 EMA on the daily chart, around the 1.3787 level.
 
The EURUSD is having a strong support level at the 1.3800, indeed. But now it is heading towards the 1.3900 level. Let us see if the price reaches that zone, because we may see a bounce to the downside from that level.
 
The EURUSD is having a strong support level at the 1.3800, indeed. But now it is heading towards the 1.3900 level. Let us see if the price reaches that zone, because we may see a bounce to the downside from that level.

Spot on!! Price reversed and is now pointing to the 1.38 handle. Let's see what he does then.
 
The EURUSD is getting very close now to completing its pullback to the 1.3900 level for a possible bounce to the upside.
 
Will there be a visit to the 1.3700 level? There could be more bearish moves on the EURUSD for next week.
 
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