eur/usd

[arigoldman]

EURUSD broke the support at 1.13 with a low of 1.1215. Let's see where it goes next.

 

[arigoldman]

Early into the European session the Euro is making some steps towards recovery.

 

[arigoldman]

The Euro seems to have found some solid ground. I think consolidation will lead to continuation of the move North.

 

[Notati]

Market is currently testing long term support level at 1.1280. It seems like there is also space to test resistance at 1.1580 in the near future. ECB rate decision is scheduled for this week, hopefully there would not be any surprises.