Ardy

EURUSD - Daily Time Frame

FX:EURUSD   Euro Fx/U.S. Dollar
299 0 0
Pair has fallen last week and is resting dead smacked on the 38.2% Fib level after hitting the 1.34 price level. Bears came in big time at that level.

Stochastics and RSI are at the oversold level. There is a potential for a bounce up but I don't want to be picking bottoms here.

So I am neutral on this pair on the Daily time frame.

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