Ardy

EURUSD Daily TF

FX:EURUSD   Euro / U.S. Dollar
214 0 0
EURUSD             Daily TF - I am neutral on this pair. The sideways movement is clear on this chart. The pair broke through the down trend line and managed to hold above it for 2 days in green and ended the week with a red bar. We might see this pair going lower to test the trend line it broke out from before a potential move to the upside. Upside target is 76.4 Fib level at 1.34843.

However, if the pair managed to break below the 15ema and closing below it, this pair might go lower. Down side target is 50% Fib level at 1.32335 ad 38.2% Fib level at 1.31214.

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~ Ardy
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