It shows that EURUSD is moving in a range of 1.1450 to 1.0810. According to the higher timeframe weekly and monthly it is still on bearish bias. Last week it has broken as support strongly at 1.1100. Further bearish movement is expected in this week targeting 1.0810. The 1.0810 area has some importance as it’s the lower boundary of the range and it’s an important resistance aslo. Further movement can be decided upon the reaction on the boundary.

eurusd forex signals