EURUSD looks headed to extend its decline
Even as a doji star has emerged ahead of near term support, EURUSD looks headed to extend its decline towards 1.2732 38.2% fib support. The notion is being reinforced by the major pair’s break through 1.2255-1.2500 ascending trendline. A close below the 1.2732 would force a test of 1.2596.
Support levels: 1.2835 1.2803 1.2745
Resistance levels: 1.2880 1.2910 1.2950