Hello,Traders! EUR-USD seems to be in a free-fall Which to me is an overreaction to the FOMC meeting results And looking at the 1D chart of EUR-USD I see 2 potential reversal levels One,being the low of the previous move down at 1.171 And the second one-a massive structure support at 1.161 The first one is newer, the second one has two touch-points Thus both are likely to stop the fall and produce a bullish correction Which I think will be strong and rapid So we are waiting patiently for the pair to reach any of the two levels And then we will be looking for the reversal signs before jumping on the correction bandwagon Buy! Like, comment and subscribe to boost your trading!
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.