Here is my short term analysis for EURUSD -
I believe we are heading towards the 1.121 region which could serve as a strong support, however, if this support level gets broken, we should be looking much further down towards 1.100 region.
At the moment, price had just rejected off the 0.618 fibs resistance, looking to complete the right shoulder of the H & S pattern and continuing the 1.137 bearish run.
Like, comment and feel free to share your ideas or contradictions below. Thanks
I believe we are heading towards the 1.121 region which could serve as a strong support, however, if this support level gets broken, we should be looking much further down towards 1.100 region.
At the moment, price had just rejected off the 0.618 fibs resistance, looking to complete the right shoulder of the H & S pattern and continuing the 1.137 bearish run.
Like, comment and feel free to share your ideas or contradictions below. Thanks
