Black_Duck

EUR/USD short-term technical analysis

FX_IDC:EURUSD   Euro / U.S. Dollar
EUR/USD short-term technical analysis
The EUR/USD is trading at 1.0930 price, and still has room to extend its advance to the Daily Supply zone (1.11087 – 1.12365), according to intraday charts. The 4-hour chart shows that the pair is comfortable well above all its moving averages, with the 20 EMA .
The risk could turn to the downside on a break below 1.0900, and especially if the market’s sentiment continues to deteriorate, back to the Daily Demand zone (1.08238 – 1.07279)

Comments

I broke it down as well, this is what I have on it
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