Decision Time for EURUSD

2019-11-10 18:01:29

As seen on the chart, The neckline broken, there is a very strong support zone: 1)Price hit the 1.10200 2)Price returned to S1 level of Daily Pivot last Friday and S3 daily pivot of last Thursday 3) This zone is the same level as of Fibo level 50% retracement. All above are signals telling us: If Price cross down the zone it will drop to next level, If price fail to break the zone it will retrace to upper level and take rest for next attack to the zone.