merrimen

UNDECISVE EUR/USD : BUY OR SELL

FX:EURUSD   Euro / U.S. Dollar
Following an uptrend is the downtrend. The 2 EMA's confirms the continuation of a downtrend .
Also, the fibonacci retracement hit the 0.618 special level of the fib chart.
We have to wait for a breakdown at price 1.17058(potential support level for an extension of the retracement) for a SELL opportunity
OR we wait for a bounce back for a BUY opportunity

Comments

The price will pull back more when supply increases here, thanks for sharing.
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merrimen VincePrince
@VincePrince, Thanks for the information, mate
Reply
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