After the big momentum drop we've seen
in the last few days on EURUSD the pair has managed to find some
support at 1.2730 and it formed a triangle pattern, already testing the
support a couple of times. This pattern is usually a continuation one,
so any break to the downside, especially with the current bearish bias
should be played accordingly. A more significant bounce from the area
will open up the 1.2950-1.3000 zone as a natural target for a
retracement movement.
