DRAGHi and CHiNA
EURUSD was actually two or three days in a cramped situation. Fed president Janet Yellen said on Tuesday 's speech on current data and expectations due to talk about in detail in the pair did a remarkable mobility. Although it looks like an ordinary week before the storm was dominated by silence. Although i have seen i have done analysis and review Clearly, the pair could go down to the 1.10800 level during the week i did not think we could maybe this level next week. 1.12900 level of Fibonacci seemed appropriate in terms of level as most 1.12100, but thought it was 236% level after level can be tested with the volatility of the starting direction of seeking technical but Draghis speech triggered a downward the EURUSD.
EURUSD DRAGHi
After what could it be?
Yes good question ! " EURUSD will Decision Up or Down Trend "
* However, on a daily above Fibonacci 236% : 1.09060 (Support)
* Daily fibonacci %618 now :1.09600 (Support)
* 4 Hourly Fibonacci %89 Level :1.10900 (Resistance)
* 4 Hourly Fibonacci %236 Level : 1.13000 (Resistance)
As a result ;
1.11300 if pressure selling continues , EURUSD Down , maybe 1.08400 area
1.09400-600 if support , EURUSD Up , first target 1.10900 or 1.11500 area
Bestregards
Ersoy Toptas
EURUSD was actually two or three days in a cramped situation. Fed president Janet Yellen said on Tuesday 's speech on current data and expectations due to talk about in detail in the pair did a remarkable mobility. Although it looks like an ordinary week before the storm was dominated by silence. Although i have seen i have done analysis and review Clearly, the pair could go down to the 1.10800 level during the week i did not think we could maybe this level next week. 1.12900 level of Fibonacci seemed appropriate in terms of level as most 1.12100, but thought it was 236% level after level can be tested with the volatility of the starting direction of seeking technical but Draghis speech triggered a downward the EURUSD.
EURUSD DRAGHi
After what could it be?
Yes good question ! " EURUSD will Decision Up or Down Trend "
* However, on a daily above Fibonacci 236% : 1.09060 (Support)
* Daily fibonacci %618 now :1.09600 (Support)
* 4 Hourly Fibonacci %89 Level :1.10900 (Resistance)
* 4 Hourly Fibonacci %236 Level : 1.13000 (Resistance)
As a result ;
1.11300 if pressure selling continues , EURUSD Down , maybe 1.08400 area
1.09400-600 if support , EURUSD Up , first target 1.10900 or 1.11500 area
Bestregards
Ersoy Toptas
