mrruberto

mrruberto Updated 

Bearish Order Block (OB): A significant bearish order block is highlighted around the 1.09400 level, suggesting potential resistance and a zone where sellers may enter the market. The chart currently shows a bearish bias, with price consolidating below a significant resistance zone. The upcoming ZEW Economic Sentiment Index will likely play a crucial role in...

mrruberto

Fibonacci retracement levels to a recent downtrend. The price has retraced and is currently hovering near the 0.382 Fibonacci level, which is a common retracement level where price might encounter resistance. The price seems to have made a series of higher lows, which could indicate a potential continuation of the uptrend. However, it is also close to a...