The upside correction I pointed out in my previous analysis finished (a little earlier than I expected), and there was a strong downside movement after Trump´s tariffs announcement.
Next steps for price are: 1) 100% extension at 0.83916. 2) Strong supply zone (gray area) between 0.80 and 0.83.
Until price reaches these levels, upside corrections are shorting opportunities.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.