#EURUSD Weekly Analysis: Last Bull Chance Inverted Hammer, Fib

Traders, EURUSD has been punishing traders by not giving any kind of retracements upwards. It has been strongly and quietly breaking all support levels pushing the price down. That behaviour is not normal and is currently consistent with DXY (Dollar Index) behaviour. (See DXY analysis attached). We now have reached a point where we have last chance for bullish scenario, at least with current analysis. We can expected a bullish move upwards and then back down to create divergence/double bottom. Hit the like button, subscribe and share if you found this useful. Thanks!!

Kommentera:

Kommentera:

Updated analysis: