EUR/USD Price Analysis: Bears eye a break of daily support EURUSD Technical Analysis
Bears are lurking and a break of daily support could be on the cards.
dropped on Wednesday following a short series of daily bullish closes. However, the pair is now testing support and there are prospects of a bullish correction prior to the next bearish impulse as the following will illustrate.The price initially rallied out of the wedge but it is yet to fulfill the prospects of a fresh high for the longer-term bullish trend. Instead, the bulls are paring back gains ahead of the long weekend and Friday´s Nonfarm Payrolls.
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