EURUSD- 19Jan2022
On the daily, EURUSD dropped back to 50MA support even though unexpected improvement from Euro area ZEW economic sentiment.
On the H4 time frame, price plunged to 200MA and Fib confluence support. We could expect a short term bounce to 23.6% Fib resistance at 1.1354.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, EURUSD dropped back to 50MA support even though unexpected improvement from Euro area ZEW economic sentiment.
On the H4 time frame, price plunged to 200MA and Fib confluence support. We could expect a short term bounce to 23.6% Fib resistance at 1.1354.
This is for personal record purposes only, not financial advise or solicitation of trade.