Technical Analysis – EURTRY loses ground with the retracement nearing the 50.0% Fibonacci

EURTRY’s recent correction stretched below 6.538, which is the 38.2% Fibonacci retracement of the up leg from 6.287 to 6.694 and is now testing the swing low of 6.509. The aggressive dive seems to be eyeing the 50.0% Fibo of 6.490 and looks to be aided by the bearish crossover of the 50-period simple moving […]