After its almost non-stop downmove to 1.25, EUR/USD has been showing some strength in the last couple of days. It may find some resistance @ 1.2840 and 1.29. There is short-term technical support @ 1.2750 and 1.2690. If this level is lost, the daily trend will become negative again.
EUR/USD, 5-hour chart:
Chart courtesy of Investing.com. http://Investing.com
Please read the Disclaimer!
RECEIVE MY TRADING REPORT FREE OF CHARGE FOR 2 WEEKS BY SENDING ME AN E-MAIL AT: THETRADINGSTRATEGIST@YAHOO.COM !!!