EURUSD FALSE BREAKOUT
2020-01-21 15:52:53
EURUSD respected strong demand zone coming from 61.8% Fibonacci level at 1.1079
False breakout occurred at demand zone
Price reached oversold region on RSI
bearish momentum is decreasing on MACD which indicates for a coming bullish wave
First target will be at resistance level near 1.1172 then second target will be at level 1.1238