EURUSD - Bearish correction

The 1.20 psychological level is highlighted here as a significant area of support turned resistance, and although EU has been uptrending through April so far, price again appears unable to recapture the level.

I expect another push down from the zone in line with the daily descending trendline. 1.186 appears to be an appropriate first target area, let's see how this plays out!
EUeuroEURUSDpsychologicallevelTrend AnalysisUSDDJ FXCM Index

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