EURUSD is in decline.
A scenario is suggested for further movement to the downside.
Considerations are
1. Time Cycle - using the recent swing low intervals and the past swing down high low cycle.
2. Price Expansion - V expansion ( based on the retracements of both cycles)
The area of interest is on chart.
A scenario is suggested for further movement to the downside.
Considerations are
1. Time Cycle - using the recent swing low intervals and the past swing down high low cycle.
2. Price Expansion - V expansion ( based on the retracements of both cycles)
The area of interest is on chart.
Note
It is close to the blue box. 
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.
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.