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mesult
Sep 8, 2020 9:10 PM

eurusd  Short

Euro Fx/U.S. DollarFXCM

Description

The price has broken below the ascending channel and below the 23.6fib. The pair might test the 38.2fib which is around 1.6871
Comments
transparent-fx
the profit taking on the euro seems to be complete, we can start the weekly move down it seems
mesult
@transparent-fx, yeah, it tested the 23.6fib for the previous 3 days without closing below it, but finally today it closed below it. Also considering the COT over 11,100 long positions were closed whereas over 3800 short positions were added
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