I'm looking at a bearish move from the EURUSD, Short term indicators indicating a bullish move but long term indicators are setting up for a clean Short. Should see major movement in the next 8 to 12 hours. Keep your eyes peeled
This based on support and resistance analysis plus it moves in a channel continually breaking any hopes of a rising wedge. Plus a look at indicators point us towards a strong buy, with Moving Averages validating this bull market. Should expect entry in the next 4 hours
The analysis is mostly based off of the Fibonacci retracement lines. Saw the bulls rally price up after that bounce on that 61.8/38.2 mark and I'm forecasting a strong rally by the bulls with estimated TP targets at 3 intervals