UnknownUnicorn7101783
Break above or re-test below box will give a new movement.
Break of these 2 levels will predict a lot of movement as the pair is sitting on a strong daily support level
According to news, EURUSD is going to be pushing the bullish side as soon as it hits 1.2170
Broke above key levels on FIB and broke out of consolidation box.
Break of the 50 FIB level and consolidation box will show strong trend.
There is a lot of resistance on current price and it is in a downtrend, so might be a sell. Thoughts ?
This might still continue with the downtrend
What do you think? Will it continue to break the support and downtrend more? Will it move to an uptrend because of the rejected bearish candle?
Leave this position open for a couple of hours