The markets where down on Monday but EURUSD still managed to bounce a bit following last Thursday and Friday's decline. The pair has managed to claw back above support at 1.2285. As long as the cross remains above this level a push towards 1.24 could be in the cards. If the EURUSD makes it up to the 1.24 level sellers could re-emerge. A confirmed break of 1.2285 would initial target trend line support around 1.22.
Sup 1.2285 1.22
Keane Insight: As long as the pair is above. 1.2285 we could see a move up towards 1.24. Any move to this level could find sellers.
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