The bigger the picture the better. Crucial moments for EURUSD

FX:EURUSD   Euro / U.S. Dollar
We are at a point where the downtrend might come to an end. Personally I expect a bounce from the lower channel. But a fall below the lower channel can open the floor and then we might see parity or even lower.

My advice for the moment is to stay out untill we get a clear sign.
There is also a hidden bullish divergence in the weekly.
The fib-retrace is also below 0.618 fib-level. This can't go much longer this way, but time will tell.

Bullish run might go all the way untill 1.39, upper channel line which is confirmed by fib-levels.
EN English
EN English (UK)
EN English (IN)
DE Deutsch