The EUR/USD despite the last sessions where we can saw the price try to have a small recovery after a strong bearish trend, the price has fluctuated inside a compression area or accumulation. Today the price started the day with a Bullish candle and the RSI turned bullish but before talking about a recovery there are many areas of attention where the price needs to go over. First, this is the 38.2 and 50% Fibonacci that are placed in a resistance area. The stochastic seems to fall in the direction of the lower side and the price is still below the major moving average. All these clues look like an imminent new push down by the price.
