WITH LOTS OF FUNDAMENTALS AFFECTING THE MARKET OF LATE I THINK EURUSD HAS GRADUALLY BEGAN TO CORRECT IT SELF INITIALLLY EURUSD WAS IN AN OVERALL UPTREND BUT WITH VACCINE NEWS FORCING THE DOLLA TO GAIN SILIGHLY BROKE THE BULLISH SLIDE AS EURUSD WAS INITAILLY AIMING TO BREAK ITS MOJOR RESISTANCE ZONE
DIFFERENT TECHNICAL CONFLUENCE LIKE THE 20,50 AND 200 EMA ,COMPLETE REJECTION OF MAJOR SUPPORT ZONE ALSO MATCHING WITH THE 0.5 FIBONACCI LEVEL MIGHT PROOVE TO BE NICE TRADING INDICATORS HERE.
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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.