💶Following up on my last post in which I wrote about the trend reversal on the eur/usd pair to an uptrend 👇👇👇
💶After a beautiful breakout to 1.008 levels and above parity.
💶We have again dropped below parity and in this post we will look at where we can see the correction ending.
💶Looking at the price action, resistances and supports and the fibo measure, the most likely place where the correction could end is around 0.99- 0.986.
💶 This is a strong support zone and the 0.382 level of the entire uptrend.
💶If we are counting on the uptrend to continue I would watch what price does in this zone.
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