EURUSD has break above the short term resistance 1.1200 a week before, after the brexit break down. But last week, again it pulled back below 1.1100 and formed consecutive red candles. Currently it is in 38% - 50% of Fibonacci retracement which is critical price action for EURO to regain the bullish momentum if it had to continue the bullish price move from previous weeks. So the price move is badly depends on first 2 days of the coming week where it will show us whether the pullback (according to Fibonacci) will work or the bearish move will resume again.
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