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AnalytixEdgeByQasim

EURUSD - In possible bullish retracement zone

Euro / U.S. Dollar (OANDA:EURUSD)  
AnalytixEdgeByQasim  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
EURUSD has show a significant downfall upon CPI news data, marking the strength of dollar against major currencies. Currently, the chart is showing bullish divergence with RSI, paving way for possible retracement of major down move to 0.382-0.618 retracement zone marked in chart. Best strategy would be to wait and see till the price shows a downtrend in lower time frames at key fib levels.
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