EURUSD retracing down?
Updated
EUR started retracing down early this morning after hitting the ceiling from this weeks high.
The D charts are showing a bearish move making a retracement to possible around 1.07730
& possibly lower on the 1HR timeframes.
And around 1.07280 possibly on the 4HR timeframes.
With EUR CPI report this morning at 5am along with other EUR news being Neutral. We could see a down trend all day until market close with the occasional retesting of key levels.
Good Hunting Trader.
o7
The D charts are showing a bearish move making a retracement to possible around 1.07730
& possibly lower on the 1HR timeframes.
And around 1.07280 possibly on the 4HR timeframes.
With EUR CPI report this morning at 5am along with other EUR news being Neutral. We could see a down trend all day until market close with the occasional retesting of key levels.
Good Hunting Trader.
o7
Note
DXY most likely to go up all day with occasional retracements.
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