aardall

Week 3 2020 - EURUSD

OANDA:EURUSD   Euro / U.S. Dollar
Hi traders,

The EURUSD broke the trend channel, and came into the 110800 level, a key region for this currency.

The stochastic still shows bearish and the price is showing a pullback. Bearish plays below 111800, looking for retracements to the monthly pivot, 200SMA, and key support and resistance levels.

All the best,
Aardall
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.