Good morning all,
The EUR/USD prices decreased to the 1.2641 level and we expect it will continue its downward movement to form the second bottom and the next target would be towards the January low at 1.2620 level which represents a strong support and should the prices breach down this level, this will push the prices towards the Fibonacci 176.4 % at the 1.2608 level.
As for the key support level, it lays at 1.2680.
Good Luck all
Read more http://www.mbcfx.com/news/news_en18_05.html