EURUSD: At lower levels
Updated
After an intense day lower in the last days the EURUSD shows some exhaustion to continue the trend may have an upward revision if the price does not break below 0.618 level fibo but if it break would drop price up to 1.1860 .
in the 1-hour chart shows the exhaustion to the downside but both the 4-hour chart and the daily chart does note that the trend if you could break down because in the daily chart notes that the hill price below the moving average of 62 periods you can confirm us that would continue tendecia levels of the following moving average that is 144 periods since the 4 hour chart also confirms that begins a strong downward momentum since this is checked with the MACD and Stoch
in the 1-hour chart shows the exhaustion to the downside but both the 4-hour chart and the daily chart does note that the trend if you could break down because in the daily chart notes that the hill price below the moving average of 62 periods you can confirm us that would continue tendecia levels of the following moving average that is 144 periods since the 4 hour chart also confirms that begins a strong downward momentum since this is checked with the MACD and Stoch
Comment
possible break to uptrendDisclaimer
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