EURUSD CONSOLIDATION OR BREAKDOWN

EURUSD has been in a long sideways consolidation since Feb 2017

downside support: 12100-12050 or where AB=CD 12066(100%)/11950(127%)/11810(162%)

Break below 12050-11950 then 11810/11700/11550 (+/-50pips)

Bình luận:

Euro is within the 2nd zone of 11700, caution volatile price zone within previous lows too 11550-11720.