EUR/USD, what can't go up, must go down!
After mixed data from US, EUR/USD tumbles true the previous support level at 1.1260/70. At this moments trying 1.1222 level, as you can ses, the previous ‘boost’ level from January 26./27. Could this level be broken as well? Euro is to weak to fight in theese moments and furdr decline is possible. Next minor support could be aprox 1.1200, previous support from January 23. and resistance from January 26. Bears looking at previous multi year low, 1.1100 as target, that’s for sure!