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8Aug

EURUSD is in Bearish Retracing Movement, Preparing to be Bullish Again.

EURUSD has broken a large range and hold above it. Now we are having a retracing bearish movement. There is a support at 1.1713 that could be the target of this retracement. The next target of the bullish movement could be the level of 1.2034 which is offering a resistance.

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EURUSD is in Bearish Retracing Movement, Preparing to be Bullish Again. was last modified: August 9th, 2017 by Roy

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Roy

Mr. Roy is a professional forex trader providing simple and effective forecast that is empowered by market flow analysis, inter-market & fundamental basis. He is working as Chief currency analyzer at PreferForex from beginning of the organization. Roy has earned the significant knowledge by working for many advance forex traders & institutions. He is also contributor in FXStreet.com & HuffingtonPost.com on forex writing.

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