Very important floor may be at risk.
This support has proven to be a significant one marked by previous resistance,61.8% fib,trendline and 200 period SMA . Price bounced back from here four times.Now price is trying to breach below this support once again.If price is able to hold below 1.525,a significant downward move may take place given the ECB's hint at the most recent meeting for more potential stimulus in March.Any trade update will be posted here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.