#eurusd weekly key reversal bar, made a new high closed towards the low which is early indication for bearish reversal. better to wait for 61.8, 70.0 and 79.0 fib level for correction to short to manage drawdown. stop loss above key reversal bar high. initial target might be 1.1100 and next one 1.1000 if breaks below the 1.1100. use low risk in reversal trade.
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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.