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EURUSD possible major correction

Short
Euro / U.S. Dollar (FX_IDC:EURUSD)  
fdeltenr  
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD EUR USD
5
1
eurusd eur usd
  • EUR/USD has hit 4 times its major descending support in 4H
  • RSI and William%R clearly demonstrate that buyers are resigned and sellers can revert the trend
  • if the downtrend is confirmed, the first support is @1.1 but is not very strong (only 2 points), a major correction is possible if this support is broken
  • I target 1.1 as first objective

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