EURUSD – Euro/dollar trading above key support zone
The EURUSD rotated lower late last week following a push higher in the first half of the week. Price bounced off of 1.2160 – 1.2200 key support zone the week before last as this market is oscillating in a large range between 1.2160 – 1.2200 support and resistance up near 1.2540. EURUSD Traders can continue to look EURUSD to buy weakness near the aforementioned support zone on a 4 hour or daily chart buy signal, targeting resistance levels overhead.