financialmarketsalgorithms

EURUSD- BEARISH MOVE OUT OF TRADING RANGE. CAN TARGET 1.14/1.15.

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FX_IDC:EURUSD   Euro / U.S. Dollar
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 .

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