Attached is the 1H chart for EURUSD. As can be seen, it has broken through strong support at 1.3184. This price is support on the higher TFs as well and hence a break of this suggests that EU is likely to go down further. The chart also shows a rounded top which is again a confirmation of the price going down.
The downside targets woukd be 1.3120 and 1.3060. I doubt whether it will go higher but the open of the Euro session might see a bounce before the fall resumes again. On the upside, it should face resistance at 1.3184 and then at 1.3250.
Let see !!
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