Forecast | EG | 12 April - Euro look for Strong Support !
Here we go master !
Last movement of EG have did a retracement 0.38fib ~ 0.87 (montly timefine).
However, the retracemant has lining up with the dashed line (as strong resistance ~ line from Dec 2016). Meaning this line has a posibility to hit EG to the lowest support. (e.g. End of 2020~ red cycle).
I expect that EG will look for the strong support ~ around 0.84.
Keep in watch adn good luck master :)
Last movement of EG have did a retracement 0.38fib ~ 0.87 (montly timefine).
However, the retracemant has lining up with the dashed line (as strong resistance ~ line from Dec 2016). Meaning this line has a posibility to hit EG to the lowest support. (e.g. End of 2020~ red cycle).
I expect that EG will look for the strong support ~ around 0.84.
Keep in watch adn good luck master :)
