Good morning. Euro looks a bit heavy but still holds around $1.2900 ahead of ECB’s Draghi speech later today.
I think that a stronger support is formed between the two fib lines (1.2750 to 1.2830), hence a potential buy zone
Market sentiment: intraday – bearish, short-term – bullish
Potential trade strategy: to buy dips at 1.2850, target at 1.30
EURUSD chart 4hrs 9-25-2012