With the EURUSD we saw last week a break below a previous key level on the monthly. The pair has since come back up and found some resistance with this level.
We have what looks like a bearish flag forming.
We have had a 382 retracement, looking at the fib extension and fib inversion we see the 1.27 and 1.618 line up with an area of monthly support. I feel we could see further lows if the pair fails to break and close above the monthly level on the Daily charts
We have what looks like a bearish flag forming.
We have had a 382 retracement, looking at the fib extension and fib inversion we see the 1.27 and 1.618 line up with an area of monthly support. I feel we could see further lows if the pair fails to break and close above the monthly level on the Daily charts
