As you can see in the chart EOS has broken below the upward channel that it was following as well as the crucial support of EMA20.
Now EMA50 and 38.2% retrace looks easily in sight which can be the next support.
if it doesn't reverse from there 50% will be in play.
Now EMA50 and 38.2% retrace looks easily in sight which can be the next support.
if it doesn't reverse from there 50% will be in play.