EUR/USD Challenging key support area - MIG Bank
EUR/USD continues to slide. It is now close to
the key support at 1.2748 (see also 38.2%
retracement of the rise from 1.2043 to 1.3172).
An hourly resistance is at 1.2843 (05/11/2012
high). Short-term resistance is at 1.2894 (intraday
high).
Even though the long-term trend is still
negative...
FF News: Technical