Forex Trading News
The EUR/USD has again held above support at the 1.2680 level although it needs to break above 1.2800 or it risks a fruther test of 1.2680 and a break lower that could potentially see levels closer to 1.2550.
Personally, i would be looking to buy ahead of 1.2700 with a stop below 1.2670 as a very speculative trade for a move back to 1.2800. I would be more confident of looking to buy at 1.2580 and 1.2530 with a stop below 1.2480 in significant size.