EUR/USD: long position to correction levels(h4)
It seems that after such a rapid fall caused by the news background, the euro is going to grow back.
After all, such a drop straight to the strong support level is unlikely to be able to break through. Where are the bears going to get the strength for this, if everything was wasted in an instant?
My opinion is this: the euro will be correcting to the Fibo correction levels, which coincide with the zones of interest. Take a closer look, these zones are in approximately the same price range, they have always preceded a strong impulse movement. Obviously someone is very interested in the euro in the data range. I do not exclude the growth of the currency pair directly to these zones.
After all, such a drop straight to the strong support level is unlikely to be able to break through. Where are the bears going to get the strength for this, if everything was wasted in an instant?
My opinion is this: the euro will be correcting to the Fibo correction levels, which coincide with the zones of interest. Take a closer look, these zones are in approximately the same price range, they have always preceded a strong impulse movement. Obviously someone is very interested in the euro in the data range. I do not exclude the growth of the currency pair directly to these zones.
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