EUR/USD on the way to recovery, but…
EUR/USD finaly rebounded almost 200 pips, after Friday’s bottom at 1.1460. In these moments the pair hit H1 down trendline from January 14. and stop for a while. 1.1635/40, the previous support from November 2005. and resistance from Friday is waiting for the bulls if they manage to get there. First support on the way down is at 1.1560/70.