the EUR/USD rebounded from 1.1510 towards 1,1839 last week as it lost momentum from this level
As it stay above the 1.1727 support level will keep the outlook neutral next week
Above the level of 1,1840 will make the rebound continue upwards towards the level of 1,1996 and up to the level of 1,2030, but this retracement will remain just a correction of the drop from the level of 1.2555 to 1,1510
The break of the support level at 1.1727 will push the pair down to the level of 1.1510 and then to the level of 1.1450, which is the Fibonacci retracement of 50 1,0340 1,2550
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