Dollar strength across the board (Flowed back in during equity sell off) has given momentum to the EURUSD to reverse off the .382 fib retrace (2008high - 2017low) & long term trend line off the 2008 high.
Shorter term technicals:
Nearing mid-point of pitchfork with the .382 fib retrace (7/11 - > 25/1) & 18th jan low just below.
Breaking those levels opens us up to a key technical area and best area to re-buy this longer term trend up:
Shorter term technicals:
Nearing mid-point of pitchfork with the .382 fib retrace (7/11 - > 25/1) & 18th jan low just below.
Breaking those levels opens us up to a key technical area and best area to re-buy this longer term trend up:
- .5 fib retrace (7/11/ -> 25/1)
- Trend line starting in april 2017
- .263 fib retrace (3/1 -> 25/1)
- The yearly open
- Key historical EURUSD pivot area