The current price is at confluence of:
1. Retest of broken trendline (purple)
2. 50% fib retracement
3. First retest of EMA100 since a little more than a year.
4. Hidden bearish divergence (orange)
On HTF, EUR is overall in downtrend irrespective of the current spectacular bull run from the lows below parity. However It will continue it's downtrend from here and may even trade near 80 cents.
1. Retest of broken trendline (purple)
2. 50% fib retracement
3. First retest of EMA100 since a little more than a year.
4. Hidden bearish divergence (orange)
On HTF, EUR is overall in downtrend irrespective of the current spectacular bull run from the lows below parity. However It will continue it's downtrend from here and may even trade near 80 cents.