EURUSD close to collapse?
The market is still in uptrend, trying to reach the target at 1.14410. We think there is a nice probability to invert the direction.
We expect a breakout on the support at 1.12903 trying a short from the breakout to TP1 (38% Fibonacci and secondary support) and TP2 (50% Fibonacci and previous support).
Let us know if you like our opinion, and if you have some different idea, just leave here a comment!
Enjoy Traders!
We expect a breakout on the support at 1.12903 trying a short from the breakout to TP1 (38% Fibonacci and secondary support) and TP2 (50% Fibonacci and previous support).
Let us know if you like our opinion, and if you have some different idea, just leave here a comment!
Enjoy Traders!
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.