EUR/USD could be ready for a short bounce as it approaches the end of a [5] wave from  to 1.3993. Is also approaching a weekly trend line the bottom of the triangle A-B-G in 1.2250. UPWARD decays 1.2577

1]target 1.2730

2]target 1.29

3]target 1.2980.

SUPPORT : 1.2318 -1.2250 – 1.2150

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk