EUR/USD

May 2, 2022

The price of the euro against the dollar is in a bearish direction, to settle now around the level of 1.0520, and stability below the mentioned level may be a reason for the bearish trend. We expect attempts to descend for the pair towards the price of 1.0450 as a first target, the loss will be stopped at the point
1.0600
Support : 1.0450
Pivot point: 1.0550
Resistance: 1.0600
It fell below 1.0520 levels and reached 1.0450 levels, and the stop loss was at 1.0600 . levels

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