EURUSD FORECAST – $0.96716 SELLERS KEY LEVEL

The price had indecision on Tuesday and Wednesday which shows sellers and buyers strength to move the price in their direction.

This shows a false breakout from the indecision area to the upside so we could expect a move to the downside at least to the $0.96716.

The daily overview shows that the price could return back down to $0.96716 support level, but there is no clear signal that the price has enough strength to move down below this support level.

This means if the price closes below on a daily time frame we will see the price heading down to $0.96000 which is the first support level.