Trading Talks euro dollar

Trading Talks about euro dollar

 A drop below 1.2100 will be a key event and will allow looking for support at 1.2050. The current main trend is growing, but since May 25, it has started a correction to 23.6% for now. The EMA line will hinder the recovery of growth above 1.2740. It makes sense to wait until 1.2740 and look at the reaction at the EMA 200 level, or did it sell now, limiting possible losses above the EMA level.