EURUSD
The correction phase was finally halted by the minor natural support level of 1.1780, from which a strong upward trend began two days ago. This was exactly the turn needed to keep the dollar weakening trend alive. The broad sideways movement above the upward trend could even serve as a trend-reinforcing pattern, but this would require a few more days of sideways movement, and the upward green trend line would also have to hold. If these conditions are met, the next upward wave could bring a significant upward movement.
Resistance levels: 1.2085; 1.2207; 1.2329; 1.2451; 1.2573; 1.2695.
Support levels: 1.1719; 1.1597; 1.1475; 1,1352; 1.1230.
