This EURO seems to be at a critical juncture - given the extent of the support found around 1.2250. A break under there would surely see a resumption of the downtrend to 1.1800 odd.
However there is an alternative (of course !) one which has been excellently laid out by the guy on
http://www..co.nz/fx/pages/fx.htm recently i.e. an imminent rally to 1.2900 +
So which is it guys ?
JF