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EURUSD SETUP NEXT WEEK DEEP DROP AFTER BREAK THROUGH

Euro / U.S. Dollar (FOREXCOM:EURUSD)  
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FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
Looking at the hourly chart, the price bounce moved back above the swing low from Monday, Wednesday and yesterday and the swing low from last week. That area comes between 1.0653 and 1.0668. The price is back in that swing area. Can the 1.0653 level now hold support in the short term? If so, it is up to the 100 hour MA at 1.0699 (and moving lower). The 200 hour MA is at 1.07085."

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