BullBearMkt

Fibre Is Weakening But May Still Have 1 More Rally Up Before...

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OANDA:EURUSD   Euro / USA-dollar
EURUSD continues to weaken on the daily, but still have one more leg to go up and test the bearish order candle before the final breakdown. With buying pressure coming at 1.20725, fibre will likely rally up testing 1.22520 (or above), if this level is strong, then we will see a pullback and final breakdown of the pair to 1.19000. However, if 1.22520 is weak, then EURUSD will continue high creating higher-high.

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