(you can see the long-term count by clicking here) really starts to gather upside momentum, but for now, we will look for a move closer to the 127.02 peak.
Support is now seen at 123.95 and then at 123.44.
R3: 125.72
R2: 125.00
R1: 124.65
Pivot: 124.13
S1: 123.95
S2: 123.44
S3: 123.23
Trading recommendation:
We are long EUR from 122.25 and we will raise our stop to 123.25
The material has been provided by InstaForex Company - www.instaforex.com