Invezted

Eur/Usd Market oultook

FX:EURUSD   Euro Fx/U.S. Dollar
31 0 2
Context:

After price found resistance @1263 a 50% retracement level of the former downmove
price also found support @1207 the 50% retracement level of the actual upmove
its a tug of war between the bulls and bears,

any breakout of that rangebound level will give us hints to the further direction

signs of strenght:
broken supplyline
price found support @ 50%

signs of weakness:
rejection of MP            
price found resistance @ 50%
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