EURO looking weak across the board with multiple crosses having the identical move, we currently seeing a pull back from the long term daily downtrend. Around the area of 1.53 price has magnetized to this level a few times before, we have seen a major break through this level from been a nice support to now been rejected as a resistance area. Price also lines up with a nice 61% fib retracement so ill be taking short trades if price rejects this area once again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.