EURUSD: EURUSD clearly breached the trend across the Oct-Nov lows that provided support until today. The next support levels are at 1.2549, 1.2484 - 1.2423 area (from 2006 lows), 1.2388 and 1.2329 (Oct low).
It is still unclear whether all these levels will be tested. The trend across the lows in Jan and Feb comes in at 1.26 and it is worth watching the momentum indicator as it appears to be developing positive momentum divergence, which has NOT been confirmed yet. (If the divergence pattern does form, it will reflect weakness in the trend down). A breach of 1.2549 would likely lead to further ST losses.
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