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Vale_Quantum_FX
Oct 4, 2021 4:13 AM

EUR/USD Short-Term Retracement D1 Chart  Long

Euro Fx/U.S. DollarFXCM

Description

The price is in a Bearish descending channel however, I believe it is time for a retracement. (Inverted Head & Shoulders)

The Stochastics (6.3 / 5.4 Friday) suggested it is oversold on the Daily chart, and so i expect it to reach the 1.16375-400 range, which may continue to 1.16600 today.
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