The former minor resistance at 120.64 will now act as support and will ideally protect the downside for the next upside attack through 121.30 towards 123.59.
R3: 121.47
R2: 121.14
R1: 120.87
Pivot: 120.64
S1: 120.49
S2: 120.11
S3: 119.87
Trading recommendation:
We are long EUR from 117.25 with our stop placed at 119.00.
