EURUSD continues to move sideways above 1,1300, lacking the strength for a new upward push.
This suggests we could see the correction extend towards the next support levels.
These levels are identified using Fibonacci retracement and previous highs, and are at 1,1253, 1,1183, and 1,1055.
Watch for a continuation of the correction and market reaction.
Important USD news is expected this week on Wednesday and Friday at 3:30 pm!
This suggests we could see the correction extend towards the next support levels.
These levels are identified using Fibonacci retracement and previous highs, and are at 1,1253, 1,1183, and 1,1055.
Watch for a continuation of the correction and market reaction.
Important USD news is expected this week on Wednesday and Friday at 3:30 pm!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.