EURUSD slides to a weekly low of 1.1570

In the short term, if the price breaks below 1.1560 which would open doors towards the next support area of 1.1540 and below that 1.1520/05 is next. On the flip side, 1.1640 remains the key resistance area to watch.

EURUSD fades bounce off around 1.1550.

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Thanks for pointing out the key support and resistance level.

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@Kancho_Radulov you are always welcome