Hello everyone,
What I bring today is my technical analysis on the forex eurusd pair.
After a buy bias for more than a year the eurusd asset as done a correction witch is very common.
But the price behavior makes me believe it will reach new lower lows, with a resistance on the 1.1940 levels and TP on the 1.1190 level witch also represents the 61.80 Fibonacci level.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.
What I bring today is my technical analysis on the forex eurusd pair.
After a buy bias for more than a year the eurusd asset as done a correction witch is very common.
But the price behavior makes me believe it will reach new lower lows, with a resistance on the 1.1940 levels and TP on the 1.1190 level witch also represents the 61.80 Fibonacci level.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.
