Hello ,
here is my idea regarding this pair. my Idea of a rebound until 1.172 is based on the price reading.
I used MA200 and WMA50 to forsee a possible rebound of the EUR. If MA200 and WMA50 crosses a rebound will probably appear and the price will reach maybe 1.172 regarding the Fib expansion.
If MA200 and MWA50 do not cross the pair maybe will fall until 1.6 and below.
This analysis can be influnced by the october job report and the politic of the new Fed Chairman Jerome Powell.
here is my idea regarding this pair. my Idea of a rebound until 1.172 is based on the price reading.
I used MA200 and WMA50 to forsee a possible rebound of the EUR. If MA200 and WMA50 crosses a rebound will probably appear and the price will reach maybe 1.172 regarding the Fib expansion.
If MA200 and MWA50 do not cross the pair maybe will fall until 1.6 and below.
This analysis can be influnced by the october job report and the politic of the new Fed Chairman Jerome Powell.