By Martin Miller — Feb 10 - 05:40 AM
EUR/USD probed 1.0679 Fibo, 23.6% retrace of the 0.9528 to 1.1034 EBS rise
However, despite Tue's 1.0679 Fibo minor break, spot failed to close below
A daily close below the 1.0679 Fibo needed to accelerate losses further
3 black crows: 3 long black candles with lower closes (last Thur, Fri, Mon)
That is an ominous sign that points to an even bigger drop
EUR/USD Trader TGM2334. Previous update nL1N34P0IU
Source:
Refinitiv IFR Research/Market Commentary