EURUSD
The dollar tested the support level at 1.1885 during the Asian session today but recovered, now being above 1.19 once again.
While the said support holds we can expect a retracement to the middle of 1.19′s. The daily sentiment is bearish and will probably remain so for a while and the hourly studies are mixed, yet slightly bullish. Support is formed by the 1.1885 and resistance is seen at 1.1945 and 1.2. Current exchange rate is 1.1907
Trading strategies:
Short in the 1.1940 area, stop above 1.1970, objective at and below 1.1900.
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