Trading Forex EUR/USD

The EUR/USD didn’t quite hit my predicted support line but got pretty close before going back up where it now trades at 1.2031.  I set a trailing stop last night at 1.2004 before going to bed and it was hit on it’s way back up in the European trading session.  So I made a 50 pip profit on this trade. 

I am sticking to my previous prediction that the USD will break down within the next few weeks.  Until then, I see the pair range trading between 1.2100 (projected target next 24 hours) and 1.1950. 

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