EURUSD is experiencing Bearish Pressure

EURUSD is experiencing Bearish Pressure for OANDA:EURUSD by FXCM

EURUSD is experiencing Bearish Pressure

EUR/USD OANDA:EURUSD



Price is on bearish trend and is currently hovering at our pivot at 1.18023, 76.4-78.60% Fibonacci extension . We foresee a potential dip towards our area of take profit at 1.17361, 127.2% Fibonacci extension . Price has recently been transcending within Ichimoku Clouds and broke through, which forecasts the trend reversal. MacD
is also indicating a bearish momentum.

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