EURUSD- 31Jan2022
EURUSD- 31Jan2022
On the weekly, EURUSD made a lower lows from the Nov21. On the daily, price have not confirmed below the previous lows. With Stochastic at oversold condition, we could expect a relief bounce today.
On the H4, price is at Fib confluence support and there could be a distribution going on. With Stochastic at horizontal support, we could expect a short-term bounce potentially to 1st Resistance at 1.12070 today.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, EURUSD made a lower lows from the Nov21. On the daily, price have not confirmed below the previous lows. With Stochastic at oversold condition, we could expect a relief bounce today.
On the H4, price is at Fib confluence support and there could be a distribution going on. With Stochastic at horizontal support, we could expect a short-term bounce potentially to 1st Resistance at 1.12070 today.
This is for personal record purposes only, not financial advise or solicitation of trade.
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