As expected, after broke below 1.0340, EURUSD hit target psychological level 1.0000.
As I said at previous idea, "Anyway, for now Medium Term Bearish still in charge. Below 1.0340, Bearish Continue to Target 1.0232 & its psychological level 1.0000."
EURUSD at oversold area and very vulnerable to short term rebound. But, overall, the sentiment still strongly bearish.
SO, IF Break Below 1.0000, Then Potential Target 0.9885.
Resistance at 1.0232 & 1.0340.
IF Break Above 1.0800, then would Cancel Bearish Outlook.
As I said at previous idea, "Anyway, for now Medium Term Bearish still in charge. Below 1.0340, Bearish Continue to Target 1.0232 & its psychological level 1.0000."
EURUSD at oversold area and very vulnerable to short term rebound. But, overall, the sentiment still strongly bearish.
SO, IF Break Below 1.0000, Then Potential Target 0.9885.
Resistance at 1.0232 & 1.0340.
IF Break Above 1.0800, then would Cancel Bearish Outlook.
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