EURUSD- BEARISH MOVE OUT OF TRADING RANGE. CAN TARGET 1.14/1.15.
There has been a bearish resolution to the congestion pattern in EURUSD. THE SUPPORT AT 1.1740has been broken and the pair can target 1.14/1.15 zone which is a 38.2% fib retracement of the larger swing. The top at 1.20 must be broken for Euro trend to change to Bullish.
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.