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EURUSD






10/4/2017 12:44:10 AM

EURUSD - Technical Analysis: Wednesday, 04/10/2017 04:44 GMT



Breaking the bullish trend line opens the door to start bearish correction for the short term bullish wave, and the price attempts to break 23.6% Fibonacci correction level at 1.1732, indicating the price head towards more bearish correction in the coming period.

Surpassing 1.1840 will provide positive factor that pushes the price to attempt to return to the bullish trend again.


Target
Risk


Support
Resistance


Trend Bearish

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