EURUSD is about to break a support level

Analysing Forex from The Market side & perspective.

EURUSD in london trading session is sideway after a 100 pips downtrend to 1.1231. This level is a good level for sell positions and a new support level of the market. Meanwhile, 1.1259 is a good level for buy posiitions. The price touched the support level several times indicating that it might go down to break the support anytime soon.