Downward Pressure Rising for EURUSD

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Downward Pressure Rising for EURUSDEUR/USDOANDA:EURUSDftdsystemEURUSD is feeling the downward pressure as oil prices surging upward. Trump's decision to extend blockade. Extending blockade for longer means no Hormuz opening in the coming weeks which will have a big impact on Eurozone economy, bigger than US. After the trend break, 1.1670-1.1680 area is the main support zone. If the pressure reach to a point that this support fails, EURUSD might see a leg down towards below 1.16.