Sustained Downside

Pivot Points assist in determining Support and Resistance levels. According to marketkolor.com, EURUSD has closed below it’s pivot point on 3 consecutive sessions. This increases conviction that the current price action is not sustainable with possibly more downside. Look for further closes below subsequent pivot points as further confirmation of strength to the downside.
Trend AnalysisUSDEUR

Похожие публикации

Отказ от ответственности