Price has been in a visitant downtrend since march 2018. Downtrend seeming to continue in 2020. price has respected 38,2 fib level constantly in larger and smaller time frames especially 4H. Looking for price to reach support level at approx 1.04791
I think they'll be rate cuts to prop up the EUR before it can get that low.
FosuaForson
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@BullRunBrody, yes I agree, I also don’t think price will just completely drop. As in most trends it’s usually an array of up/down movements before reaching the overall goal