EURUSD Weekly
Price touched the weekly strong support level at 1.12213 THIRD time and if the weekly candle remains above this price and its surrounded support area ( in blue ), we should lookout for bulls upto 1.13673 fibo level next week after some bearish retracement.
EURUSD Daily
Price touched the daily downtrend channel line and the final price could go now 1.14045 after making some short term bearish retracements.
Price is under 20 SMA both on Daily and weekly charts so the overal bias is bearish.
Watch-out for Banks.
Happy Pips++++
Price touched the weekly strong support level at 1.12213 THIRD time and if the weekly candle remains above this price and its surrounded support area ( in blue ), we should lookout for bulls upto 1.13673 fibo level next week after some bearish retracement.
EURUSD Daily
Price touched the daily downtrend channel line and the final price could go now 1.14045 after making some short term bearish retracements.
Price is under 20 SMA both on Daily and weekly charts so the overal bias is bearish.
Watch-out for Banks.
Happy Pips++++
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