Hey traders! Hope you are doing well! Today I would like to pay my attention to EU. MY main resistance level was 1.2200-1.2240. We got false breakout on Daily and 4H timeframe which is OK, to be honest with you - it usually happens lol. My first support region will be 1.2100 (psychological level) and if price will break that level - it is a straight way to 1.1900. On a Daily timeframe I can also notice the formation of left shoulder, head and potentially wait for the right shoulder... The previous max was 1.2550 area. Actually for me it is early to think about this target for now. So 1.2100 --> 1.1900. Cheers.
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