Technical Analysis

EURUSD assessments the day’s low

Uneven session at this time, however decrease

The EURUSD is testing the sooner day’s lows on the 1.13793. The worth motion at this time is decrease however it’s fairly uneven. The vary remains to be solely 30 pips which suggests there shoule be a variety extension in some unspecified time in the future.  Sellers are attempting to make the case for a brand new low.  The 1.13745 is the 61.eight% retracement. Beneath that and the door opens up for extra draw back momentum/potential. 

Choppy session today, but lower

ForexLive


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