EURUSD outlook
Dollar strength across the board (Flowed back in during equity sell off) has given momentum to the EURUSD to reverse off the .382 fib retrace (2008high - 2017low) & long term trend line off the 2008 high.
Shorter term technicals:
Nearing mid-point of pitchfork with the .382 fib retrace (7/11 - > 25/1) & 18th jan low just below.
Breaking those levels opens us up to a key technical area and best area to re-buy this longer term trend up:
Shorter term technicals:
Nearing mid-point of pitchfork with the .382 fib retrace (7/11 - > 25/1) & 18th jan low just below.
Breaking those levels opens us up to a key technical area and best area to re-buy this longer term trend up:
- .5 fib retrace (7/11/ -> 25/1)
- Trend line starting in april 2017
- .263 fib retrace (3/1 -> 25/1)
- The yearly open
- Key historical EURUSD pivot area
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.