Price is under pressure as sellers continue to stack up

Currency Analysis EURUSD

Time Frame : 30 Minute Chart

EURUSD

The EURUSD has been coming under pressure from sellers as we see price holding major lower highs. We see a key level at 1.1183 that may drag in some serious sellers if broken. Price is hanging in there at the moment but we expect to see things heat up as Europe comes online. If the 1.1198 zone can hold, then we expect to see the lower highs come into play and send price lower.

FX Pair : EURUSD

Current Price : 1.1191

Status : On watch for a move lower as sellers continue to pressure price