Heavy selling earlier today, now as much as heavy retest to the broken trendline, could push the price even lower than today. If we see a vote for no Brexit, it will fundamentally support this bias. However, when trading during this kind of news events should be careful and approach with proper risk as always.
Price testing daily resistance at the moment. Successful XABCD pattern completed, new lower high giving more confluence to go short. Divergence in rsi. Failed to break trendline.
After successful retest after last weeks breakout, looks like Eur is ready to climb higher. 38.2 Fibonacci levels seem to be holding and that means the price should continue with some strong momentum to move upside. Also, the latest 1hour candle has printed hammer to the supply level. Giving us a good place to put stop loss below it. Sl: 1.14540 Tp: 1.15400