EURUSD 1W

Aug 4On the weekly timeframe, there have been no significant updates. After the context changed to bullish at the beginning of July, we experienced a corrective move aimed at filling the FVG below. On Friday, the price was able to recover. The targets remain the same as I marked on the chart.

Aug 6

Trade closed: target reached

#EURUSD Update

On Monday, the price aggressively reached one of the key targets, after which a corrective movement began. Most often, after hitting such critical zones, the price enters a correction phase. The price always tends to balance through deviations, At the moment, I see two zones from which we might get a reaction for a continuation of the long positions: 1.086 and 1.078.