EURUSD outlook

١٢ أكتوبر ٢٠١٧

EURUSD will enter the resistance area shortly and retreat at the 1.19275 level. The retreat will start next week.

١٢ أكتوبر ٢٠١٧

ملاحظة

There is a strong XA FIB Retrace at 38.20% which coincides together with the 4h EMA 200. The day before the market struggled at our 4h EMA 200.

١٢ أكتوبر ٢٠١٧

ملاحظة

Until now the EMA 200 line is defending the bears. Maybe the bulls run the game again tomorrow. Target is still our red area around 1.19000 before there will be a greater retreat.