EURUSD ANALYSIS!
Hi Traders! here is another analysis in daily TF. in last 3 weeks, price has broke 12 years historical trend line and had a pullback to it. Now there is two probability.
1. Price would go down to correct 38% of wave from 2020.03.23 to 2020.09.01 then and continue to go up.
2. Price would go up to correct 50% of historical huge wave from 2005.05.11 to 2015.03.22 and then continue to go down.
either case take a close look at the right price action in your trading.
Good luck!
1. Price would go down to correct 38% of wave from 2020.03.23 to 2020.09.01 then and continue to go up.
2. Price would go up to correct 50% of historical huge wave from 2005.05.11 to 2015.03.22 and then continue to go down.
either case take a close look at the right price action in your trading.
Good luck!
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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.