EURUSD possible retest
A retest around the 1.11869 region isn't out of the question. Price hasn't dropped this far since mid 2020. US inflation and possible Russia/Ukraine conflict could catalyze an uptrend. The signals are fairly mixed so I would suggest either waiting for a retest or further indication that the price will continue in a downward trend.
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.