ItsMatioga

ItsMatioga

Possible ABCD pattern. Keep that close.

ItsMatioga

After US data today, USD was moving higher. EUR/USD didn't make new structure low. Price stopped on 1.09045 support. We might go to retest 1.09622 resistance. 38.2 fibo level near as well. Or, opposite move might be dropping down from 50.0 fibo level to retest 1.09045 support again. No trading for now. Still on hold.

ItsMatioga

H1 chart. By looking at structure we didn't made higher close than previous high. Price rejected H1 support level few times and now we are testing blue trend-line. If we can break it, there is very good possibility that we will be going to check 61.8 fibo level. If we can't break the trendline, we might retest h1 support level. If we broke that level, next stop...