EUR/USD: testing key support

The current support on EURUSD seems to be a key level due to the confluence of the followings:

1. Feb-7 swing low
2. 38.2 fibo retracement of the 1.2875-1.3861 upleg
3. 61.8 fibo retracement of the 1.3245-1.3861 upleg

If this level support fails it will open downside to test the 1.3245 level as next objective. We need to see a firm lower low for a bearish trend otherwise the current price action remains indecisive.


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