EURUSD Continuing shortovoto movement, looking at correction levels to sell

EURUSD shorts Continue to break the support 1.2220. Now the pair test the support level at 1.2220, if broken will focus on test at level 1.2200. Possible correction to 1.2270 where we will look for items for sell, then continued shortovoto movement. The dollar remained supported by good data last week from the US, as well as the Fed’s statement, from which removed the key phrase “indefinitely” on interest rates, which increased speculation about the possible increase earlier than expected.
MACD supports the continuation of the downward movement.

 Varchev Traders

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