on daily chart ,look like (on many data providers) eurusd touch near support ,so now it can go up
if you have open sell ,close all now or put SL on today high (or hedge lot=1.5* total sell)
if you have open buy ,be patient 2-3 day minimum 1.18000
advice=until around 1.9000 dont pick sell signals , looking for buy in deep with sl near 40 pip and 7-8 day wait
can you see this big red trend(draw it on your trade platform) and 2 fibo (4hour and daily chart fibo) so
red arrow is very important place =1.18460
this big trend break is Turning point , break it will start wild + trend on eurusd to minimum 1.2000(fibo 61% of daily chart) or fibo 161% =1.26000
note=on daily chart ichimoku cloud is in 1.1870 too...
today, Monday eurusd can 2-3 candel go down , but trend will + ,so looking buy in deep is good idea with sl in low
alert=if eurusd break low,can start new down trend ,so put sellstop in low is good idea too
mr powell only said his idea about rate change in 2023,tonight he say they dont increase rate until all economy parameter turn good ,no any action yet , he only predict ,,,, so eurusd crazy crash was emotional ,not on true action,fact ,,, it must back to high (if big news not comes)
www.marketwatch.com
for next days we expect zigzag soft + grow
STRONGLY...
