EURUSD - Compassion is the radicalism of our time.
Hi, today we are going to talk about the EUR USD and its current landscape.
We observe at the weekly chart that the price on this asset had a false breakout of a Gann resistance that culminated in the formation of a descending channel. However, trough Fibonacci, we observe that the previously bullish wave was completely consumed and the 61% level of Fibonacci was broken.
Thank you for reading and leave your comments if you like.
We observe at the weekly chart that the price on this asset had a false breakout of a Gann resistance that culminated in the formation of a descending channel. However, trough Fibonacci, we observe that the previously bullish wave was completely consumed and the 61% level of Fibonacci was broken.
Thank you for reading and leave your comments if you like.