Analysis on EURUSD. On H4 bullish pinbar pierced the 38.2 on fibo and 21 EMA. On H1 bullish engulfing formed on lower bollingerband. Also there is a possibility it might retest lower on level 50 on fibo right in the middle of our support area.
Note
might as well plummet down if we don't break resistance level 1.1600
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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.