Quoting MaXeYDislikedcan u explain why Long @ 1.2775 ? FIB levels ?Ignored
Price for EUR/USD has a barrier at the .786 fib at 1.2817 here, if that goes then RSI 50 line should also break and the next hourly close would cross the EMAs. I'm not very bearish on the dollar after today though...still expecting a bit downside for the GBP/USD but heck, I could be wrong...
Haven't properly looked at EURUSD yet to be honest, I just know that swissy faces support at 1.2320-40 and this roughly corresponds to a former euro resistance around 1.2840 I think...not sure, haven't looked much at euro lately to be honest, was learning swissy...
BEB=bearish bar *waves to raczekfx* He be down wi' da bar chart slang
Here's the trendline I meant:
Attached Image
Trust price. Know yourself.