EURUSD

We are in a current downtrend and we apparently find a rebound area @1.2550.

The only thing to attempt is to sell it on a break of 1.2520 for a test to 1.2485, then 2329 2120 and as target 1.1549 and in case 1.1010

On the opoosite side, a 1.3313 is not to exclude.

If we breaks the EMA 50@1.3091 the target will be a test of 1.3313, and if we break it, it s going to be 1.3830.

On weekly

Trend is still bearish, the weekly candle could probably indicate a pôssible bounce to the upside. If it s that scenario we have made a double bottom.

IF EURUSD is breaking to the downside 1.2550 sell it for 1.2485; 2329, 2120 1.1649 with a SL 1.2860

If EURUSD is breaking 1.3090 then 1.3310 first and 1.3830. SL 1.2760