EURUSD bears in control after hitting 1.1870 resistance zone ?

Oct 22, 2020

EURUSD bulls manged to push 20 pips above the fibonacci 0.618 retracement seen around 1.1850/60 levels yesterday. High probability remains for a bearish reversal from here. Could be too early at this moment but a push below 1.1730 confirms, we are heading south. Bottom line for bears to remain in control stays at 1.2010 handle.

Remain short, stop @ 1.2010, target @ 1.1350 and 1.1100/50


Good luck!