EURUSD: reverses at key resistance but uptrend intact

FX:EURUSD   歐元 / 美元
The EURUSD moved higher last week as price rebounded following a decline to 1.2200 area the previous week. Notice the false break of key resistance up near 1.2520 that occurred last Friday, eurusd weakness could continue this week as this is a formidable resistance level having given rise to a pin bar reversal a few weeks back. However, eurusd uptrend is still intact and so we are continuing to view any downward pullbacks as potential buying opportunities near support. We will look to be a buyer at or near 1.2200 near-term support or possibly the 21 day ema (blue level) following a clear 4-hour or daily eurusd
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This is my first analyze here on EURUSD currency pair. i hope this chart analysis will be helpful for everyone here, if you find of feel some thing wrong then you can tell me. Thank You.
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