EUR/USD
The EUR / USD pair continues the downward trend on H4 due to concerns about the exchange offer debt of Greece, on the other hand, as we had mentioned in some previous analysis that the Gap of the euro on the 17th of February was covered. /en/analysis/52112/
At the level of fractals we can see that the euro is trading below 1.3186 fractal and the next fractal, that serves as support is at 1.2974.
We believe that you can give more bounce to the next fractal or until the 200 periods moving average, around 1.3200. This will be a key to enter a sell short-term objective around 1.2990 dollars per euro.
The Range indicator and MACD are showing oversold.
