EUR/USD: pair going to test next support

EUR/USD: pair going to test next support

21-2-2018-EUR-H4.png

The main trend is still bullish, but the pair is likely going to test the nearest support at 1.2275 - 1.2246. If a pullback from this area happens, there'll be a moment to have another upward price movement towards the next resistance at 1.2332 - 1.2384.

21-2-2018-EUR-H1.png

The market went through the nearest support at 1.2325, so the price is declining. In this case, we should keep an eye on the next support at 1.2275, which could be a departure point for a bullish price movement.

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