EURUSD after the recent low started a retracement move to the upside.
The market retest the 0.786 Fibonacci level and will possibly deliver a higher high in the short term with a retest of the 0.5 zone.
How i can i approach this scenario?
The main outlook remains bearish so i will wait for a test of the parity level and in that case i will monitor the price for a nice short order.
The market retest the 0.786 Fibonacci level and will possibly deliver a higher high in the short term with a retest of the 0.5 zone.
How i can i approach this scenario?
The main outlook remains bearish so i will wait for a test of the parity level and in that case i will monitor the price for a nice short order.
Note
Note
Note
Note
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.
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.