Chart of The day $EURUSD 04-24-2018

On the EURUSD daily chart, we can see that the pair is testing the 100 SMA and also a wedge support 1.2180 level. This level should hold for an upside continuation into the 1.2400 again. In the case of a break below 1.2180 level, we could expect a continuation into the 1.2000 level also the 200 SMA

Note: stay away from the trade entries and wait for a daily close 

 

 EURUSD daily price action analysis

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