EUR/USD saw a big drop Thursday to register a close under the 1.0669 Fibo
There was a second close below the 1.0669 Fibo on Friday
1.0669 Fibo is a 76.4% retrace of the 1.0482 to 1.1276 (2023) rise
14-day momentum remains negative, reinforcing the overall bearish bias
Also the tenkan and kijun lines are also negative aligned, also bearish
We are looking to get at 1.0710 for a deeper drop in coming sessions.
EUR/USD Trader TGM2334. Previous update nL1N3AR0ES