EURUSD 8 hr - Depending on the news event 142X-3X likely bonafide resis. Hence incase we are to see a 2 way move on the pair with initial been fake or getting reversed out; 142X-3X needs to hold and get a drop going to get a break under 127X.. This opens up the room for a further drop down to 117X-8X in coming sessions.
Alternatively if we hold to 127X and gets going a break above 142X-3X calls in for a push into the 1500 handle with 1555-7X move highly likely then.
Key points 127X-8X to the lower side and 142X-3X on the higher..
EURUSD Daily -