EURUSD daily chart The EURUSD maintained the bearish trend, extending the downside below the targets mentioned in the prior analysis post. The pair is trading below the 61.8 percent Fibonacci retracement for the overall bullish wave A-B. Few days...
Very bearish price action as the EURUSD closed Friday’s session sharply lower, forming a long bearish engulfing candle. The most recent upside pullback was halted near the key shaded area on chart. A confluence of horizontal resistance, the 50...