EURUSD after this deep sell off from the top, we are favoring a rebound in the EURUSD cross to the 1.19/20 area strong reaction zone and confirmation area to travel the way to 1.24, currently at 1.17 it is offering LONG side trades with stop at 1.1620 in extension to 1.1575. Below that area we should be driving the way to 1.12the FIrst level to be watched is 1.1830 the first confirmation level in the reversal cycle to the upside.
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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.