EUR/USD: (1.5535) Back below 1.5593 (neckline Double Bottom: see graph)
Back below 1.5593 (neckline of Double Bottom: see graph) and below daily Flag bottom off 1.5285 (1.5744 today): 1st Support area at 1.5460/ .5455 (last week low + daily projection band bottom/ daily envelope bottom), ahead of 1.5432 (weekly envelope bottom) and 1.5417/ .5411 (potential of daily Flag break/ 76.4% 1.5285 to 1.5819), where pause favored. Resistance at 1.5572/ .5584 (daily Bollinger midline/ daily envelope top + daily Short Term Moving Average↓), with next levels at 1.5628/ .5630
Original post by Technical Analysis Reports