By Martin Miller — Mar 31 - 02:49 AM
EUR/USD bears have tightened their grip on this market
They managed to keep the market below the 1.1778 Fibo
1.1778 Fibo a 76.4% retrace of the 1.1602 to 1.2349 (Nov to Jan) EBS rise
Focus on 1.1695 Fibo, 38.2% of 1.0636 to 1.2349 (2020 to 2021) rise
Looking to get short at 1.1775 in anticipation for a bear extension
A break, daily close under Nov 4 1.1602 low could deepen losses
EUR/USD Trader TGM2334 Previous update nL1N2LS0DJ
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary