germanbel

EURUSD: KEY SUPPORT LEVEL

Long
FX:EURUSD   Euro / U.S. Dollar
I share my forecast.

Regarding my last forecast, the pair is still in the consolidation zone where the price was unable to break resistance 1,2440. It was touched twice without closing above and after the pinbar it begun a correction down.

With fresh data I see as key support level 1,2235. If it is broken the pair would find buyers 100+ pips below in order to resume the uptrend.

Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
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