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Buy posted at 12:50 pm ET for reversal set up. This pair has seen a fall this month from 1.4300 down to the mid 1.3400’s. In the most recent days a short climb back to the upper 1.3700’s has provided a setup for reversal of the down trend. Previous supports before the low come in between the 1.3590’s and the 1.3570’s indicating a support zone. Fibonacci retracement levels of the closest upward swing place a Fib right at 1.3575. Looking for a bounce here and the possibility of testing back towards the 1.3800’s.
EURUSD Chart Picture
