EUR/USD DAILY

eurusddaily

Close: 1.09258

Eu close at 50% Fib level on daily chart, where we can find the MA200 doing the job as a resistance which the Eu cross couple of times and rebounded in down movements.Meanwhile as you can see also on the chart the green line which is (DEMA 200) is doing the job as a support.

One hour chart Eu cross the 76.40%. retrace period start it from 1.08254 which is placed on 50.00% of the fib level. Without saying that the target for getting in the selling zone is near 1.09406. Previous high point.

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