EURUSD Neckline Re-Test

6 ต.ค. 2020

EURUSD is testing its breakdown level, which is the underside of the neckline. This level is also defined by VWAP from the high (see scandex.com/2020/10/market-update-october-5/) and the line off of highs in March and June, which was support on 9/17. I am looking for resistance to hold. Failure to do so would indicate a failed breakdown and be viewed in a bullish light.