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Profound_Ambition
Jan 8, 2020 6:37 PM

EURUSD H4 

Euro Fx/U.S. DollarFXCM

Description

Price is now at mirror support zone along with the ascending trendline. Price at this zone has acted as a "mirror level" which is a level where price made support & resistance at this zone. From here, will be watching to see if price will reject support & start moving back up, or if a breakout to the downside is made along with a retest for further downside ahead.

Comment

Comment

Dollar index (H4) Inverse correlation, as price is also showing the opposite being at the descending trendline & resistance level.
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