EUR/USD traded down to 1.3057, testing the 38.2% retracement of the 0.8225/1.6038 multi-year rally. A break will open the way for a challenge of the 1.3000 level where barrier options are perched. 1.2700 is the medium-term downside target over the next few weeks.
I’ll check in in a few hours. Good luck.
