CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: EURUSD tests key support

13:38 26 February 2021

EURUSD has experienced sharp declines over the past two days. Looking at the H4 interval, we can see that the pair has reached the key support near 1.2100 handle. This level is marked with the lower limit of 1:1 structure and 50% Fibonacci retracement of the recent upward impulse. Should buyers manage to hold the price above this support, another upward impulse could be launched.On the other hand, breaking below 1.21 could pave the way for more declines. The next support to watch can be found at 1.2030. 

EURUSD H4 interval. Source: xStation5

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