Just an idea and trade at your own risk.
EURUSD is in its correction phase after reaching the below down channels and the demand zone at last week low around 1.0348.
Next target may be at next supply zone and the upper downtrend channel at area 1.09-1.10.
EURUSD is in its correction phase after reaching the below down channels and the demand zone at last week low around 1.0348.
Next target may be at next supply zone and the upper downtrend channel at area 1.09-1.10.
Note
past week also closed as engulfing candlestick, which is bullish for next week.
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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.