Forex EUR/USD Daily Video, April 21, 2020

[Sive Morten]

Good morning,

EUR stands quiet by far, so we keep our trading plan - watch for PMI and earning reports data this week:

 

[megabizland]

Thank you Sive. From what I watched, I can conclude that EU is still bearish and we are looking for the price to bounce from the OP and expect to bull. Am I right, Sive?
Sorry Sive, if can you inform me what OP and COP means? Thanks.

 

[Major_Tom]

Hello,
COP: Contracted Objective Point (61.8%)
OP: Objective Point (100%)
XOP: Expanded Objective Point (161.8%).

 

[Brett Reynolds]

Looks like the EUR/$..is heading much, much lower! I'm consecutive 50% Fibo retracements..at the major on Higher time frames. The 1.07 area will be critical.!!