EURUSD Daily Chart: Market Ripe for Correction?
Updated
Pair 
EURUSD seems accumulating for at least a correction (completing the H&S in the 61.8% region) of the leg from mid April to end of May.
EURUSD seems accumulating for at least a correction (completing the H&S in the 61.8% region) of the leg from mid April to end of May.Trade active
Long @1.15774Note
Stop @ BENote
After being stopped at BE, reentered at 1.15573, with the range's support region in play, with SL under the low of 1.15078. Watching momentum on lower time frames though, in order to anticipate earlier a possible break of the range support.Note
Stop @ BE. The present move risks to be corrective, as the previous trend line support could become now resistance. Failing to push back over trend line, will likely lead to further bearish development into the 1.13s.Note
Note
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