EurUsd could correct higher, short term traders should be aware
As you know I'm strongly bearish EurUsd in the long run and I expect parity to be reached and even under.
However, at this point, a correction to the upside becomes very probable with the pair dropping for months now almost in a straight line.
Also, the 1.04-1.05 zone is strong support, that held since 2015.
That being said, I expect reversal towards 1.08 in the next period
However, at this point, a correction to the upside becomes very probable with the pair dropping for months now almost in a straight line.
Also, the 1.04-1.05 zone is strong support, that held since 2015.
That being said, I expect reversal towards 1.08 in the next period
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