On the weekly chart, we still have a bearish sentiment in the euro zone. Price is still trading below the 20 moving average and closed below the 1.0964 level. Price might reverse back up, as long as it doesn’t break below the 1.0829 level.
On the daily chart, price might continue down to 1.0885 level before moving up to test the daily supply zone at 1.0993 level. If price manages to close below the 1.0837 level, then we expect the EURUSD to go all the way down to the monthly/weekly overlapping demand zones below 1.07 price levels.
tradingforexhub.net/...4th-of-october-2019/
On the daily chart, price might continue down to 1.0885 level before moving up to test the daily supply zone at 1.0993 level. If price manages to close below the 1.0837 level, then we expect the EURUSD to go all the way down to the monthly/weekly overlapping demand zones below 1.07 price levels.
tradingforexhub.net/...4th-of-october-2019/