EURUSD Technical Analysis August 11th

By: Investija
EURUSD despite some positive candles, bears took over the control from bulls. At the moment it is suggested likelihood the move downside, because for bulls to wake up from a long sleep needs more power to push prices back to 1.42030. Downside penetration by support line at 1.41256 is possible, however price is still trying to recover back to the resistance line at 1.42030.
image