EURUSD - Bearish correction
The 1.20 psychological level is highlighted here as a significant area of support turned resistance, and although EU has been uptrending through April so far, price again appears unable to recapture the level.
I expect another push down from the zone in line with the daily descending trendline. 1.186 appears to be an appropriate first target area, let's see how this plays out!
I expect another push down from the zone in line with the daily descending trendline. 1.186 appears to be an appropriate first target area, let's see how this plays out!
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