In the Weekly Markets Analysis, I've mentioned 1.19 as the lowest level the $EURUSD can reach for me to consider the option that we are dealing with a false break to the 1.2 support zone. After two hourly attempts to break the 1.19 level, the $EURUSD still holds above it.
A climb back above 1.2 - 1.21 can be the confirmation sign for a false break. Monitor it as the week progresses
marketzone.tumblr.co...is-2015-here-we-come
A climb back above 1.2 - 1.21 can be the confirmation sign for a false break. Monitor it as the week progresses
marketzone.tumblr.co...is-2015-here-we-come