Support at 1.2424-32 found support buyers.

The EURUSD corrected to the support area (outlined in the earlier post) at the 1.2424-32 area. Buyers came in, and have now pushed the price to new session highs.

The 1.2476 remains a key target on the topside. That is the "old trend line" on the daily chart. The high just reached 1.2470. Yesterday's high reached 1.2474. There should be some stall against the level with stops/buying on a break above.

Join the conversation in our new Telegram group

This is the link: https://t.me/joinchat/HveypkdU1-wmyDHb8gddSA