FX:EURUSD   Euro / U.S. Dollar
Bearish session today with technical breaks to the downside and the break below the key daily trendline. Before i get too bearish on this market one thing to pay close attention to, the weekly trendline connecting the lows Nov07-17' & Dec18-17'. Also note the 1.21 handle and the Sep04-17' high.
If the weekly trendline holds as support, the next major area of resistance is the recent weekly highs at 1.2570, a break above would enable the trend continuation from the weekly trend perspective. And a break below this trendline could open up a much more meaningful trend reversal in the longer term.
Defiantly something to be aware of looking ahead


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