EURUSD A BOUNCE at the 1.272 Fib Level…
2012
The EURUSD has its game face on. It's not asking questions just taking names. The pair broke lower once again in New York to test the 1.272 fib from last January's lows at 1.2388. If this level doesn't provide a bit of support there is a lot of air below. The next major level of support doesn't arrive until 1.2150. Resistance is up at 1.25 level. Could see a shortr squeez uptp 1.25 with risk on.
Sup 1.2388
Res 1.25