EUR/USD – Short term & Long term.
Today we will be analyzing the EUR/USD short-term and long-term targets.
We have just broken through and closed below the 1.172 major support on the 1 hour and 4 hour time frames and were currently retesting that zone. The target over the next 24hours would be to be falling towards the 1.15 area of support.
We could be in the process of forming on the 1-day time frame. This would be a strong reversal at the 1.157 heading back up towards 1.20.
Below is a link to my first video analysis-