$EURUSD is testing support zone this week that includes weekly structure, weekly uptrend line and the Fast MA line.
1.12 is the key support zone.
Stop loss, for swing traders, will have to go below the 50 weeks MA line
First target zone - 1.14 - re-test of weekly trading range top
Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week- goo.gl/AqcUZn
To subscribe to the newsletters - goo.gl/JfOLoR
1.12 is the key support zone.
Stop loss, for swing traders, will have to go below the 50 weeks MA line
First target zone - 1.14 - re-test of weekly trading range top
Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week- goo.gl/AqcUZn
To subscribe to the newsletters - goo.gl/JfOLoR