EURUSD faced a strong resistance at Fibo 50% and still inside the descending channel and under MA 200
on the other hand, the dollar index is bouncing from Fibo 61.8% and the ascending trendline (the yellow line)
long term investor should place their stop loss above 1.11
Target1 should be placed at 1.09
on the other hand, the dollar index is bouncing from Fibo 61.8% and the ascending trendline (the yellow line)
long term investor should place their stop loss above 1.11
Target1 should be placed at 1.09
Comment:
still bearish on EURUSD