The Andrew’s pitchfork on EUR/USD is pointing towards a sell-off, says Eddie Tofpik, Head of Foreign Exchange at ADM Investor Services, as he shares the technical outlook on EUR/USD, ZAR, and BTC in today’s Tip TV US Open Finance Show, and joined by Zak Mir, Technical Analyst at Zak’s Traders Cafe.
Highlights:
“Brexit strategy is still running the world. Volumes are low even as markets rallying.”
“EUR/USD – Andrew’s pitchfork pointing to a sell-off. 1.1124 remains a key Fibo level. 1.1235 – moving average level. 1.1046 is a key support level. Pair could be seeing fresh buying now”
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