Such risky trades! How can you bet that the euro will break these fundamental support levels? I hope you are right but we may have to wait until the 17th of June to find out.
Analysts bet on a corrective bounce of the EUR/USD back to 1.2910/12 and 1.3000 psychological level ahead in the coming sessions as oversold conditions weigh in the market. However, the pair is then expected to resume its decline further below 1.2624 (2012 low) towards 1.2500 level.