Analysis by: ForexRoyals
Currency: EUR/USD.
Trend Expected Direction: Down.
Method: Pivot Points , Support and Resistance levels.
Description: The EUR/USD is currently below the pivot point 1.3350 and reached the Downtrend line ( gray ) for the third time. We expect more downtrend to reach the first support at 1.3260 and 1.3210.
Action: Best action is to sell under the Pivot point.
Target Area:First target 1.3260 , second target 1.3210 .
Stop Loss: 1.3380
