The EURUSD is still very much n a bullish structure and is now retesting the previous lows at the 1.2140 level which is also the 76.4% pullback of the last leg up.
We have also hit important short term bearish targets at the 1.618 whilst printing a big bullish divergence at the lows.
Should the reversal pattern break price could rally to retest the previous lows around the 1.2250 and if the DXY continues to dip from these levels we could see a retest of the highs around the 1.2350
- Broker
- Min Deposit
- Score
- Visit Broker
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
9.8
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
9.8
- Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
- Zero commissions and no bank fees on transactions
- Around the clock service with support in 14 languages
8.5
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
9.8
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
9
Share with other traders!