EURUSD consider buying option

EURUSD - H1 chart

After reaching 1.2365 resistance, the rate bounced down. It's likely it will fall more, but if this short term uptrend movement is to be kept, it should regain its power around current trend line. Consider opening long positon on Eur/Usd if it bounced up from the trend line. The rate must stay above 1.2330 support.

EURUSD - H1 chart

Trade recommendation

Buy if the price falls to the trend line and 1.2330 support is saved Target levels: T1: 1.2390 T2: 1.2420 for strong pace movement Latest bonus opportunities, free money to increase your profits Forex No Deposit Bonus Best Forex contests, fight for real $$$ Forex Contests Let the professionals take care for your money Forex Managed Accounts Current support levels 1.2330 1.2300 1.2260 Current resistance levels 1.2365 1.2390 1.2420