jangseohee

Major support for EURUSD?

FX:EURUSD   Euro / U.S. Dollar
168 0 4
I felt very weird for the last two weeks when this pair actually traded around 1.2500 as price doesn't fall towards 1.23 and below. Hence i decided to revisit the monthly chart to realize that because i missed out an important uptrend channel in my monthly performance post on EURUSD             2 months ago, the entire picture has changed.

Hence, could ~1.25 be the long term support or follow the mid term downtrend channel , i will need to see at least a weekly or monthly DOJI to have potential of reverting uptrend.

My sincere apology.
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