EURUSD Bullish - How deep will the correction be?
EURUSD has shown its strength but has since come to a resistance zone.
Pending correction, it still has some strength left and room to push before making a retracing.
If the bullishness is to continue, I expect the first zone in the range of 1.086555 to provide the first support for another leg up but if not, it will be looking to go lower to grab liquidity before making another major move.
Pending correction, it still has some strength left and room to push before making a retracing.
If the bullishness is to continue, I expect the first zone in the range of 1.086555 to provide the first support for another leg up but if not, it will be looking to go lower to grab liquidity before making another major move.
Disclaimer
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.
Disclaimer
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.