A almost certain of a bearish move for the EURUSD ?
1st - Break and retest on that uptrend.
2nd - Touch on that downtrend, if dont break down we go.
3rd - Retrace on the Fibonacci touching the 0.618 a good indication for continnuing the bearish move.
4th - all those 3 points together its a very important area (marked with the circle) we can see a break to the upside or continue the way down.
Best Regards
José Pêssego
1st - Break and retest on that uptrend.
2nd - Touch on that downtrend, if dont break down we go.
3rd - Retrace on the Fibonacci touching the 0.618 a good indication for continnuing the bearish move.
4th - all those 3 points together its a very important area (marked with the circle) we can see a break to the upside or continue the way down.
Best Regards
José Pêssego
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