Chart EUR/USD Update: More ranging action, still limited above 1.2300
EURUSD is facing a selling pressure pushing it down as long as it remains below (1.2316) any four hours close below (1.2235) will open the way for the pair to test the next support level at (1.2189). Any four hours bare close above (1.2316) will change pair`s direction. Traders should consider selling each rally with a stop loss at (1.2316).
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Support 1.2235 1.2189 1.2141 1.2090 1.2050
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