Follow up to EURUSD previous analysis 2 weeks ago, price retraced to the break out level and then declined, breaking support at 1.25122.
Not sure how today's NFP will come out, but given the Euro weakness, a retracement to 1.25 cannot be ruled out as it is a strong level to short from with a relatively low risk. Bearish flag target to 1.2026
Not sure how today's NFP will come out, but given the Euro weakness, a retracement to 1.25 cannot be ruled out as it is a strong level to short from with a relatively low risk. Bearish flag target to 1.2026