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Helical_Trades
Oct 3, 2020 8:32 PM

EURUSD, which way now ?  

Euro Fx/U.S. DollarFXCM

Description

FX:EURUSD
Hello everyone.
As we can see :
- Pullback from BB bottom
- Going to retest 0.618 on Fibbo retracement
- EMA 50 is acting as support
- Rejected from long-term Resistance ( mentioned in chart )
- MACD is going to have a bullish crossover
- Helical indicator is bullish
- Stochastic RSI is bullish
- Downward resistance on RSI !

EUR will touch the resistance one more time and we will see a bottom on support line after that,
We expect a breakout from EUR ( its our technical view, Fundamentals can change the movements easily)

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades
Comments
InkyGrip
I love this kind of analysis! thanks! 🦐
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