The price of the Euro has been on a steep decline of -3.11% on the 4H chart for the last week. We're expecting to see a short recovery back to resistance levels at 1.10 where strong sell pressure could resume and push the price back down.
Take profit targets {
#1 - 1.10
#2 - 1.11 (if price break out of resistance levels)
}
Bearish retracement targets {
#1 - 1.09
#2 - 1.08
}
Take profit targets {
#1 - 1.10
#2 - 1.11 (if price break out of resistance levels)
}
Bearish retracement targets {
#1 - 1.09
#2 - 1.08
}