Will the Euro/Dollar still move down to the level of 1.18400 or will it show its might and approach the key 1.2000? I believe that the probability of continued growth will remain with a confident impulse to 1.1950 and further to 1.2000, which will be a trigger for a return to the uptrend.
Nonetheless, sell in a retracement state remains quite attractive, with closest support at 1.8400.