EUR/USD: The monthly chart is in a large Bearish

Tian Kriek

Analyst


March 27, 2020 08:56 AM

BEARISH

Daily Trading Range:
EUR/USD: The monthly chart is in a large Bearish channel. There is also a down Fibonacci ABCD swing with the D extension at the parity level. The Weekly chart is in a Bearish ABCD swing. The Daily Daily chart is also in a down ABCD swing as the counter trend line has been broken. I expect price to continue falling to 1.0136 which is the Daily Fibonacci D extension. Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/tk-aod-workspaces-27-mar/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.2000
Resistance 2: 1.1700
Resistance 1: 1.1200
Current Price 1.0975
Support 1: 1.1100
Support 2: 1.0500
Support 3: 1.0000

Two Hour Chart

Two Hour Chart
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