Key Support Levels in Forex Pairs: EURUSD, GBPUSD, and EURGBP

EURUSD below key support eyeing 1.05
GBPUSD testing key support at 1.2175. Will it hold?
EURGBP testing 0.87 resistance set to movbe higher
Dollar Index testing key resistance at 105.80. Correction time before higher levels?

EURUSD After a couple of tries EURUSD has closed below key support at around 1.0635.

RSI has cancelled its divergence indicating likely lower EURSUD levels. Next support at around 1.05

If 1.05 is reached expect a correction but the underlying sentiment and trend is down as indicated by alle daily Moving Averages are declining. Adding to that the 55 Moving Average is just a few days from breaking below the 100 Moving Average.

Medium-term EURUSD is currently indicating bearish trend. If EURUSD is closing the week below 1.0635 and if weekly RSI is closing below 40 threshold.

To demolish the short-term bearish trend a close above 1.0770 is needed.

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