Main trend is up, however the pricing is forming a reversal top with shifting in momentum to the downside. A trade through 1.2178 will resume the uptrend. The main trend will change to down on a move through 1.2059.
1.2119 is the key point for the direction of the price of EUR/USD.
Resistances:
1.2178
1.2408
Supports:
1.2059
1.1989
1.2119 is the key point for the direction of the price of EUR/USD.
Resistances:
1.2178
1.2408
Supports:
1.2059
1.1989
