EURUSD: With the pair retaining its corrective recovery threats, more strength is likely in the days ahead. On the upside, resistance comes in at 1.2400 level with a cut through here opening the door for more upside towards the 1.2450 level. Further up, resistance lies at the 1.2500 level where a break will expose the 1.2550 level. Conversely, support lies at the 1.2350 level where a violation will aim at the 1.2300 level. A break of here will aim at the 1.2250 level. Below here will open the door for more weakness towards the 1.2200. All in all, EURUSD faces further recovery threats.
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