#eurusd - Hitting potential re-buy zone (Retest & P-Q) 3D
Hi guys,
EURUSD did not manage to overcome the Yearly Pivot on 3D and has been declined forming a bearish engulf leaving overbought conditions. Anyways this is not surprising as this might bring the opportunity to find a Retest of the former broken trend line and the Quarterly Pivot Point and provide a conservative entry for mid term growth.
For the next days it seems very useful to go to Daily or 6H to see better what´s happening at this support key-area. (Will shoot this update tomorrow around mid-day to give it some time to evolve)
For now this break-out has not been successful leaving question marks.
Levels remain intact.
Neru
EURUSD did not manage to overcome the Yearly Pivot on 3D and has been declined forming a bearish engulf leaving overbought conditions. Anyways this is not surprising as this might bring the opportunity to find a Retest of the former broken trend line and the Quarterly Pivot Point and provide a conservative entry for mid term growth.
For the next days it seems very useful to go to Daily or 6H to see better what´s happening at this support key-area. (Will shoot this update tomorrow around mid-day to give it some time to evolve)
For now this break-out has not been successful leaving question marks.
Levels remain intact.
Neru
