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EURUSD backs off to trend line support

August 05, 2020 at 08:22PM

The EURUSD reaches the July highs and backs off
The EURUSD trended higher into the NY session and looked toward the July highs at 1.1904-08. The high reached 1.19043 but could not go any further. Sellers leaned and the price has rotated lower over the last 3+ hours.    
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Author: https://www.forexlive.com/technical-analysis/!/eurusd-backs-off-to-trend-line-support-20200805 Selected by SYFX+

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