EURUSD H1 CAHRT
Technical
Currently trading above 50 EMA
Stochastic : Trading at over bought area
Yesterday's High and Lows: High: 1.1348 low: 1.1179
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Daily Fibonacci: pivot point: 1.1288
Support1: 1.1183 Resistance1: 1.1392
support2: 1.119 Resistance2: 1.1457
support3: 1.1054 Resistance3: 1.1500
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Pattern: Elliot wave 5 completion
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Suggestion: Will be looking for a SELL when the market shows on one of the bearish pattern, break below 50 EMA
and when consolidates below 50 EMA
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Fundamentals
Economic calendar: ECB president Draghi speech held 7pm gmt:+5.30
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