FxWirePro: EUR/USD reverses recent rally, bias back to downside
EUR/USD pair declined on Tuesday, as the pair found strong selling interest after a new poll on Britain's referendum on European Union membership showed growing support for the "Leave" camp, pushing down the euro. Pollin…
EUR/USD pair declined on Tuesday, as the pair found strong selling interest after a new poll on Britain's referendum on European Union membership showed growing support for the "Leave" camp, pushing down the euro.
Polling firm Survation showed the percentage of voters supporting Britain's exit from the EU had risen to 44 percent from 42 percent in its previous poll on Sunday.
The currency pair is trading at 1.1245 levels, it is set to decline further towards 1.1180 later towards 1.1140 levels in the short term.
To the upside, the strong resistance can be seen at 1.1330, a break above will take the pair towards next resistance level at 1.1397.
To the downside immediate support can be seen 1.1184 levels, a break below will open gates towards 1.1125 levels.
