EURUSD since yesterday afternoon moves quite dynamically. As a result of these falls market beat local support 1.1210, which has not yet been tested from below (as a resistance). It appears therefore that if there is a demand response in area of local support where we are now, we might expect at least a growth correction, which could lead to the above-mentioned re-test. So in short term, you should consider long posiiton on this instrument.
Check http://comparic.com with our daily technical analysis, macro commentaries and real trading strategies! The group of experienced market participants is working for retail traders. You may also like http://comparic.pl