The Friday's candlestick showed some interesting things:
- 1: Bounced at SMA200 + resistance 1.1050
- 2: Break SMA100
- 3: Break ascending trend line.( This will trigger more decline).
- 4: Break 50% Fib retracement : trend reversed.
With those 4 reasons, I bet on more falling of EURUSD to 1.08 level.
- 1: Bounced at SMA200 + resistance 1.1050
- 2: Break SMA100
- 3: Break ascending trend line.( This will trigger more decline).
- 4: Break 50% Fib retracement : trend reversed.
With those 4 reasons, I bet on more falling of EURUSD to 1.08 level.
