|Forex Technical Analysis For: EUR/USD
EUR declined sharply Wednesday and weakened further Thursday trading .
This leaves the pair targeting its Key support at 1.1128.
1st support lies at 1.1200, a break there points at 1.1150, a break there sees 1.1100, next target at 1.1050.
The daily RSI is Bearish and points lower supporting this view.
1st resistance is at 1.1300, a break there points North to 1.1350, then to 1.1400, and 1.1450.
Overall the single currency is biased to the Southside on more weakness.
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Have a terrific week.