Short time uptrend line had been broken and now it is retesting
EURUSD is top of its ema 200 and ema200 is pointing up. So in long time we are in uptrend . But in short time we have a downtrend line that had been broken and now that is retesting . We need to see the price action in this retesting try.
Even if it comes down, we have a very strong support in 1.17465 zone. I think we can have a retracment from current level at least to 1.16100.
Even if it comes down, we have a very strong support in 1.17465 zone. I think we can have a retracment from current level at least to 1.16100.
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