EURUSD: Now Breaking Down on a Higher Timeframe
EURUSD has reversed from the HOP level of a Bearish Alternate Bat after having earlier went beyond the standard PCZ, and now the EURUSD is back below the PCZ and breaking down on a much more significant timeframe both in terms of Price Action and PPO.
I think that things should continue as expected and that it will go for $1.035 and then go for the bigger targets under $1 for the reasons highlighted on the Monthly Chart below:
I think that things should continue as expected and that it will go for $1.035 and then go for the bigger targets under $1 for the reasons highlighted on the Monthly Chart below:
