As we break below 1.24 to 1.2387, down around 60 pips since the WSJ dropped the Coeure story, the lower end of the range comes into focus.
EUR/USD H4 chart 17 12 2014
1.2350 is the point I’d be interested in taking a long but I’m a bit hesitant with just over 3 hours until the FOMC and may wait to see if we get a knock down to the Jun 2010 support line that marked the low in November.
