Look for $EURUSD to break support
According to Fibonacci levels from its most recent move down on the 1 hour chart. 1.5311 is a support level. Looking at price action, it seems to have found support there. Expect a bounce up from this level.
The major support level to really look out for is 1.0518, price has continually bounced off from this level and is also a Fib Line from the November Swing Highs to the January Swing Low.
The major support level to really look out for is 1.0518, price has continually bounced off from this level and is also a Fib Line from the November Swing Highs to the January Swing Low.
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