EURUSD made a perfect move as per plan provided yesterday; a re-test and rejection off PZ for a move down to target and bounced. Price action is bearish, looking for further downside today IMO.
But I do see a pullback first. Not too interested to be short from here, but I would look for shorts from 1.0700 and 1.0708 for a rejection, to target 1.0638 and 1.0576 if 1.0638 breaks.
But I do see a pullback first. Not too interested to be short from here, but I would look for shorts from 1.0700 and 1.0708 for a rejection, to target 1.0638 and 1.0576 if 1.0638 breaks.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.