josephdahrieh

EURUSD Rejected from critical area

Penjualan
FX:EURUSD   Euro / Dollar AS
The EURUSD gor rejected from 100% fibonacci level near 1.1880.
at the moment the pair retraced to trade near 61.8% critical level if broken and we witnessed a 4hrs candle close below 1.1820 we might see further momentum for the downside.
potential finishing a W,X,Y wave might take euro dollar to new lows belo 1.1600 level.
lets not forget the bearish monthly candle from last month " engulfing pattern".
no doubt that the ranging market was taking over the markets recently however an impulsive wave is expected soon.

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