Euro / U.S. DollarShort
EURUSD: during the last stage of price drop
The price literally repeated the path that it traveled from December to January, only now in the opposite direction. At the beginning of December, it started to grow from the level of 1.192, then it corrected at 1.207, after - 1.215. And as a result, at the beginning of January it reached a maximum of 1.232. Then it began to fall, fixing everything at the same levels. Recently the price has broken through the level of 1.207. However, one should not expect that the fall will be as rapid and sharp as the growth in December. The price has already turned into a correction. However, after the correction, it will return to the level of 1.192. We wait.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.