EURUSD : more downside expected
EURUSD is in corrective moves of the bear cycle since 04/10 and should end it at ~1.07.
Price should then go down to 1.035 minimum to complete the cycle.
Price should then go down to 1.035 minimum to complete the cycle.
Trade active
Note
Movement looks corrective and not impulsive.EURUSD could extend gain to ~1.077 (0.618 fib).
=> Trade in stop BE
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Related publications
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.