Get started
AhmedMesbah

#EURUSD [D1C] A Drop, A Correction, A Big Drop, A Reversal!

Euro / U.S. Dollar (OANDA:EURUSD)  
AhmedMesbah  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis swingtrading annually quarterly Monthly Charts Weekly Charts Daily Charts ahmedmesbah Forex
10
0
trendanalysis swingtrading annually quarterly monthly weekly daily ahmedmesbah forex
EURUSD Is currently heading to an important annually demand zone @1.08690 where i am anticipating a decent correction to the nearest weekly supply zone @1.10250 where we technically should see a continuation to the downside to the annual wedge located at its closest point @1.06300 : @1.06500 Where we should see a significant reaction anticipating a push to the upside to make its way back above @1.12380.

This scenario might change according to market conditions especially during the shifts between Risk-on Risk-off environments.

Follow for more setups...
#AHMEDMESBAH
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.