EUR/USD daily: Where will the sell-off end...?

First possible stop is the MA with possible 'up' channel confluence...

Beyond that we have a possible small support zone in the vicinity of the lower BB...

The larger possible support level is my ultimate short target...

Look for confluence of highly oversold conditions and/or possible ending structures on this and lower TF's at any of these levels to take profit for shorts and switch to long again...

Yorum:

We got some reaction at the MA but the up move is still weak, we'll see...