$EURUSD declines fast today following Draghi's press conference.
It completed the pullback I was looking for (target was 1.125), but broke below the 1.125-1.13 support zone and below the minor uptrend line.
Now $EURUSD is testing critical support zone (1.11-1.12) and approaching both the 200 SMA line and the daily 200 SMA line.
Buy zone between 1.115 and 1.11 .... but wait to see that $EURUSD's crash stops..
1.125 is now target level
1.14 next target
It completed the pullback I was looking for (target was 1.125), but broke below the 1.125-1.13 support zone and below the minor uptrend line.
Now $EURUSD is testing critical support zone (1.11-1.12) and approaching both the 200 SMA line and the daily 200 SMA line.
Buy zone between 1.115 and 1.11 .... but wait to see that $EURUSD's crash stops..
1.125 is now target level
1.14 next target