We could see a few days of Ranging from 1.50-1.80 area before a continuation. (NFA I don't day trade this asset, im a longterm investor just doing some Micro TA) GL
Overall market is down but this is still in bullish trend we hit major supply zone. Needs a daily close above that 0.65 to hold for Continuation.
Retest the highs, hold support and break above to next level Fib ext.
Very Tricky area for me to trade I need to see any of those zones taken out. Next week I think Jerome Powell speaks for 3 days straight smh .
ECB rate Tmrw. and IJC.. could help decide what levels to reach next...
The break and Retest area must hold to get long and take the trip to the next High.
The Euro has reached an important supply level could break and turn into a demand zone. !
January Held Monthly Demand zone.. USD will need Strong Bounce here.. (. .)
could range in this area before making the next move higher or lower ... idk