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UnknownUnicorn170838

EU 1.16725 Retrace

Short
Euro / U.S. Dollar (FX:EURUSD)  
UnknownUnicorn170838  
FX:EURUSD   Euro / U.S. Dollar
Fibonacci Pitchforks EURUSD eurodollar
1
1
fibonacci pitchfork eurusd eurodollar
The chart shows all the important levels based on Fibonacci extensions and pitchforks, as usual. The probable zone of price retrace is 1.16725, after which the price will retest the broken global trend line (big green dotted line). But I'm not sure that long from there will be good idea, because the price can magnetise towards this line with a slow descent to the next level 1.14825. Need additional confirmations for analyse. Also pay attention to the blue dashed pitchfork lines.

Global Targets
EURUSD: 1.4222
DXY: 78

Good Luck and Go Green Guys!
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