FenzoFx—EUR/USD hit a new low at $1.075 on March 27, with bearish momentum possibly extending to lower supports. It trades near $1.0820, below key resistance at $1.086. The Stochastic Oscillator signals short-term overpricing.
A drop below the 50% Fibonacci level targets $1.075, while a break above $1.086 could resume the uptrend, aiming for $1.0915 and $1.0956.
A drop below the 50% Fibonacci level targets $1.075, while a break above $1.086 could resume the uptrend, aiming for $1.0915 and $1.0956.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.