EURUSD- 08Mar2022
On the weekly/daily, EURUSD closed below 78.6% Fib support at 1.1007. We could expect price to resume further downside to double bottom around 1.0636.
On the H4, price is finding some demand at 1.086 area. As Stochastic has room for downside before support, we could expect EURUSD to drop further to 1st Support at 1.07485.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly/daily, EURUSD closed below 78.6% Fib support at 1.1007. We could expect price to resume further downside to double bottom around 1.0636.
On the H4, price is finding some demand at 1.086 area. As Stochastic has room for downside before support, we could expect EURUSD to drop further to 1st Support at 1.07485.
This is for personal record purposes only, not financial advise or solicitation of trade.