Topside trend line at 1.2462.
The EURUSD moved up to a topside trend line at 1.2462 and backed off today. It will remain a key level today and going forward. Be aware.
Targets on the downside on weakness include the 38.2% (see chart below) at 1.2346, the 50% at 1.23115. and the 100 hour MA at 1.2300.
