See the PRZ on chart.
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The correction turned to be a triple zigzag heading towards 1.5188, the 50% retracement of the large down swing from 1.5580. The is the level we expect the pair to reverse if it actually reached there.Note
The correction cycle looks mature and the pair is descending from 50% fibo retracement.Note
We look forward to see 1.4950 area
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Disclaimer
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.