Forex technical analysis: EURUSD below support target. Stay below for bears now.
Below 200 bar MA on the 4-hour chart and swing low from 2010
Over the weekend, I posted a video outlining the 200 bar MA on the 4-hour chart and the swing low from 2010 as a key level to get and stay below.
We are below the 1.1876.
The low reached 1.18635 so far. That is 3 pips short of the low from last week. Needless to say, a break of the levels above,
The pair has broken. Can the sellers keep the pair below the level now.
Below is the video from the weekend