EURUSD
has dropped below support line and at the moment there is no signs of
recovery. Selling is better option and previous support will serve as
a resistance for now. In the long term Euro can go as low as 1.1800,
but first it has to reach 1.2300 and there depends on the situation.
It is some possibility of turning around at 1.2300.
| EUR/USD | Trend | Support | Resistance |
| Long Term | Negative | 1.2713 | 1.3085 |
