Another price consolidation during the asian session. Let's recap how yesterday's EURUSD movement is and what we expect to see today. Price retraces to 23.6% Fibo on H1 and price
went down, almost hitting the -23.6% Fibo extension.
Price has moved one tier lower on the H4, from 50% to 61.8% fibo on H4 to 61.8% to 76.4% fibo range on H4. If price is able to break the 76.4% fibo, we can expect price to test the 1.4007 level
Let's await and see if the bears have strength to push the price lower.....
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