- Market dropped significantly and reached to outside of the structure
- RSI is heavily oversold while price sits at 61% Fibonacci level
- Some kind of upside movement will happen, because the price needs a rebound
Have a look at my EURUSD Idea to see the EUR strength.
This is for educational purpose only. No Investment advice. Trade with demo account before risking your own money.
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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.