EG has been dipping lower since Friday afternoon EURO selloff into the weekend.
With more pressure upcoming from ECB and with final unemployment rate + GDP news for EURO tomorrow we could swing into this lower low.
Potential h & s on 4HR TF 1 confirmation
EXY and BXY both in bullish trends is a nullifier.
will need USD bulls to help out with this drop as well...
We are currently testing above the Support zone and 88750 has been tapped and bounced off so will tread lightly for another retest and break.
With more pressure upcoming from ECB and with final unemployment rate + GDP news for EURO tomorrow we could swing into this lower low.
Potential h & s on 4HR TF 1 confirmation
EXY and BXY both in bullish trends is a nullifier.
will need USD bulls to help out with this drop as well...
We are currently testing above the Support zone and 88750 has been tapped and bounced off so will tread lightly for another retest and break.