EUR/USD – 23.6% Fibo could be put to test

OANDA:EURUSD   Euro / U.S. Dollar
Pair’s recovery from the low of 1.0518 followed by a move above 5-DMA amid oversold daily RSI and MACD showing loss of bearish momentum suggests a short-term bottom is in place and potential for extension of the corrective move to 1.07025 (23.6% of 1.13-1.0518).

On the lower side, only a daily close below 1.0463 (2015 low) would revive bearishness.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out