EURUSD falls below key floor support and the 38.2% retracement ...Middle East

Technically, the prices also making a key break below support.

A closer risk level would be the broken 38.2% retracement of the trend move up from the March 27 well. That level comes in at 1.27505. Staying below that level gives the sellers a go-ahead to push lower.

The next key target would be the 50% midpoint at 1.11509. If the sellers are to restart their control, getting to that level is a level to aspire toward.

This article was written by Greg Michalowski at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( EURUSD falls below key floor support and the 38.2% retracement )

Also on site :

• Watch Live: American Cardinal Robert Provost chosen as new pope
• White smoke appears over Sistine Chapel as Conclave elects new Pope
• New Pope elected