EURUSD - Correction Process
Generally, the trend is up.
The price reached the inside zone, which is located between 1.1170 and 1.1241. Currently, the price is in a correction towards the support level of 1.1140. Touching this level may start the bullish trend
Uptrend Side: For the price to rise again, a strong upward momentum is needed with consolidation above the 1.1179 level, which would pave the way to the next resistance level at 1.1241.
Downtrend Side: However, if the price continues to decline below the current correction level, it could drop further towards the support at 1.1080.
Tendency Keys: 1.1140
The price reached the inside zone, which is located between 1.1170 and 1.1241. Currently, the price is in a correction towards the support level of 1.1140. Touching this level may start the bullish trend
Uptrend Side: For the price to rise again, a strong upward momentum is needed with consolidation above the 1.1179 level, which would pave the way to the next resistance level at 1.1241.
Downtrend Side: However, if the price continues to decline below the current correction level, it could drop further towards the support at 1.1080.
Tendency Keys: 1.1140
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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