EUR/USD Looking For A Potential Bullish Reversal
Good day traders! Today's quick peek is on EUR/USD.
Intraday price reaction from 1.1808 on EUR/USD suggests that pair is still making a corrective decline and that wave b was flat. As such, it can be an impulsive sell-off now down to 1.1700 level where new support can be found this week, and ideally will send pair sharply to the upside. So be aware of a reversal higher!
EUR/USD, 1h
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
