EUR/USD: With the pair weakening on Monday and following through lower during Tuesday’s trading session, further bearishness is expected in the days ahead. Resistance comes in at the 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level.
Further up, resistance lies at the 1.1950 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1750 level where a violation will aim at the 1.1700 level. A break of here will aim at the 1.1650 level. Below here will open the door for more weakness towards the 1.1600 level. All in all, EUR/USD faces further corrective weakness threats
