EURUSD moved below support line 1.2833, but very quickly came back. And now there is some doubts about the downside, but upside is limited by the trend line. Even if the trend line will be broken, bulls can be happy just after price moved above the resistance line 1.3078. Otherwise, for some time we will see range trading between 1.2800 and 1.3078, and after that bears will push prices even lower.

eurusd

EUR/USDTrendSupportResistance
Long TermNegative1.28331.3078