EURUSD: Short term downside resumption likely

EURUSD has broken multiple support levels and that warns of the ongoing short term bearish correctional wave to extend. However i see this as a mere pullback before resuming the overall longer term bullish trend inline with my prior analysis here ..

A retest of the broken support-turned-resistance area outlined on chart should be monitored for a confirmation signal on the lower time frames to short targeting 1.0700 next support area.

Keep posted for update..

Best
Technician

ความคิดเห็น:

Typo: 1.1700 not 1.0700.