EURUSD on the way to recovery
After a huge downturn in the past weeks, I personally expect to see EURUSD to recover in these remaining 2 days due to the following:
*the downturn had huge imbalances which need to be filled.
*the downturn made a lot of people enter creating liquidity for the price to jump back.
*the downturn finally hit a support zone which indicates a reversal of price.
I would really appreciate if you leave your thoughts.
*the downturn had huge imbalances which need to be filled.
*the downturn made a lot of people enter creating liquidity for the price to jump back.
*the downturn finally hit a support zone which indicates a reversal of price.
I would really appreciate if you leave your thoughts.
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