EUR/USD Price Analysis: Bears on the prowl below key 61.8% Fibo – by fx_ross EURUSD Technical Analysis
The price has carved out an M-formation within the symmetrical triangle which leaves bias to the downside so long as the neckline of the M-formation holds over the coming sessions:, on the other hand, could be a sign of strength from the bulls and would leave the prospects of an upside breakout back on the cards. A target of 1.0090 and then 1.0190 would be a compelling feature should these levels also give out. On the downside, bears will be in control o a break of the 0.9540s.
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