Since the price broke the ascending trendline below the 1.0200 support, the EUR/USD price began to fall.
Below the 1.0100 mark, the pair is currently displaying a number of bearish indicators. An initial support for the downside is located close to the 1.0020 level. Near the 1.0000 level is where the main support is. A downward break below the 1.0000 support might result in significant losses.
on the H4 chart, since the price is now trading below the ichimoku indicator, we have a negative bias. The 61.8% projection is at 0.9955, so we’re expecting for a pullback sell entry around 1.003.

• There is resistance 1.00342 followed by resistance at 1.01083 and 1.01501.
• There is support at 1.00180, Below, there is 1.00019 and 1.00000.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

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