FX:EURUSD Euro Fx/U.S. Dollar
The EUR/USD has just recently bombed against the major resistance of the Matrix at 1.1406 and quickly bounced off that level. My estimation is that this level may be the highest spot for the EUR/USD for the near future. Negative sentiment in regards to the continent of Europe is building up again. My price target is placed at the major support of 1.0754, representing 500 points of potential move.