themarketzone

Testing weekly support zone

FX:EURUSD   Euro / U.S. Dollar
$EURUSD is testing support zone this week that includes weekly structure, weekly uptrend line and the Fast MA line.
1.12 is the key support zone .

Stop loss, for swing traders, will have to go below the 50 weeks MA line
First target zone - 1.14 - re-test of weekly trading range top

Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
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