EURUSD- 07Apr2022
On the H4, price bounced but faced bearish pressure back down to previous low at 1.08725. Price action and MAs are bearish while both H4 Stochastic is still at support. If price closes below daily 78.6% Fib at 1.08870, we could expect EURUSD to retest the lows.
This is for personal work record purposes only, not financial advise or solicitation of trade.
On the H4, price bounced but faced bearish pressure back down to previous low at 1.08725. Price action and MAs are bearish while both H4 Stochastic is still at support. If price closes below daily 78.6% Fib at 1.08870, we could expect EURUSD to retest the lows.
This is for personal work record purposes only, not financial advise or solicitation of trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.