Hello Traders,
Here is the daily time frame EURUSD analysis.
Last week price has breakout the 1.100 key level. The downtrend will most likely continue but before the bearish momentum I believe there will be a pullback to 1.10 level again and give us a chance to ride the downside movement.
At 38.2% fib level (1.10) we will be looking for a confirmation of melting down.
First target will be 1.095 and second one will be 1.0855
Good luck!
Thank you for your support!
Forex42
//If you like trade my ideas please push like.
//Write your comments and questions down here.
//Before enter the trade please make your own analysis.
Here is the daily time frame EURUSD analysis.
Last week price has breakout the 1.100 key level. The downtrend will most likely continue but before the bearish momentum I believe there will be a pullback to 1.10 level again and give us a chance to ride the downside movement.
At 38.2% fib level (1.10) we will be looking for a confirmation of melting down.
First target will be 1.095 and second one will be 1.0855
Good luck!
Thank you for your support!
Forex42
//If you like trade my ideas please push like.
//Write your comments and questions down here.
//Before enter the trade please make your own analysis.