EURUSD Started with a bang, ended with a thud.

 

The EURUSD has steadily lost ground since jumping higher into the start of the week.  Headline risk is still a concern. Any statement out of Europe could send the pair tumbling lower.   Heading into Asian trading support can be found around the ascending trend line around 1.2450 followed by daily support at 1.2430.  Solid resistance doesn't begin until the .382 fib from the May decline around 1.2667.

Sup   1.2450/30

Res   1.2667

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