EURUSD Sell
The six-week sell-off in EUR/USD continues with the pair printing a fresh three-month low on Wednesday. The chart set-up remains negative, highlighted by the sharp move lower in the 20-day simple moving average (red line) with little support seen until March 31 swing low at 1.1704. This level sits just above the 38.2% Fibonacci retracement level around 1.1695. Below here horizontal support from the November 4 swing low at 1.16025.
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Join our Community Learn, Earn, and Grow!!
linktr.ee/Tkprophet
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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.