EURUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next 2 days.
Supported by Downward sloping Moving Average
Target: 1.078 Entry: 1.0833 Stop: 1.0853