
EURUSD: ⬇️ Sell
– EURUSD broke support level 1.1500
– Likely to fall to support level 1.1360
EURUSD currency pair recently broke through the key support zone located between the support level 1.1500 and the 61.8% Fibonacci correction of the upward impulse wave (C) from August.
The breakout of this support zone accelerated the active minor impulse wave 3 of the intermediate impulse wave (3) from late August.
EURUSD currency pair can be expected to fall further toward the next support level 1.13, which reversed the price multiple times in July and target for the completion of the active impulse wave (3).