Long term view on monthly graph
The descending triangle is broken indicating for another downfall of the EUR against the pound.
Next level of support at 0.8350 (TP)
Good luck :))
After a few failed attempts at 1.1830, we can expect EUR/USD to decrease.
Take profit at around 1.1750.
Have in mind Mario Dragi`s speech lated today, who is planning to cut the asset purchase program from 60 mln to 30 mln.
Good luck :)
UP. At a level of 1270 we can see strong resistance level, which stood its ground successfully from the test to break it. Enter long and take profit at 1290 :)