Analysis on EURUSD. On H4 bullish pinbar pierced the 38.2 on fibo and 21 EMA. On H1 bullish engulfing formed on lower bollingerband. Also there is a possibility it might retest lower on level 50 on fibo right in the middle of our support area.
Comment:
might as well plummet down if we don't break resistance level 1.1600