Our previous update highlighted the 1.3150 area as potential support, as this has been a key EURUSD price pivot and provided both resistance and support over recent months. Price has today tested this area once again, with the earlier move to 1.3155 finding support. We also note that price had covered 103% of the ADR over 60 days when hitting this key level. EURUSD is currently down 0.04% on the day. The upside today has seen resistance around the 23.6% Fibonacci retrace at 1.3221, after spiking to 1.3244 area and subsequently forming a pinbar reversal on the H1 chart. The spike higher also represented a false break ... (full story)