EURUSD: recovery is not planned
And so, in the area of the level 1.15890, the price most likely intended to consolidate. But the selling pressure is not being eliminated so far, and the instrument would continue to fall further, to update the lows further. Ahead, the target is the level of 1.15300. The Euro may be supported only by weak news data from the US, but this is unlikely. High-energy prices in Europe, as well as inflationary expectations, put pressure on the currency.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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