By ForexMansion.com
The EUR/USD pair fell today as we retreated from the 1.4250 area, which was mentioned as possible resistance in yesterday’s video. Because of this, it appears that we will more than likely see a pullback to 1.40, which would be a good buying opportunity. However, if we fail to do so and rise again – any close above 1.4250 signals new buying. A break below the 1.40 mark would lead to support at 1.38, and a break there would be bearish as the pair will certainly fall to 1.3450 next.
