The EURUSD posted another year to date low Wednesday in North American trading.  The cross has been slowly gliding lower over the last few days.  The next level of support starts at 1.2150 and resistance begins at the descending trend line at 1.2280.  Over the last four days the cross has dropped a total of 50 pips.  So the decline has been nowhere near spectacular.  If a risk on environment slices into the market a rebound could be due.

Sup               1.2150

Res               1.2280

For access to all current trades and charts  .  To follow on twitter look for THE KEANE @chrisfkeane

Plan:  Standing aside at the market.  Looking for a tradable setup.