Euro / U.S. Dollar
Short

Rebound of EURUSD to the lower boundary H4. 03.10.2024

105
Rebound of EURUSD to the lower boundary

Euro is forming a correction downwards and judging by the options, will be taken out to the area of 1.1000. This analysis was shown in advance in a private channel for subscribers when a deep correction downwards was confirmed, and later clarified by options. From the lower boundary near 1.10 we will catch buys when confirmed. Cumulative delta rising on a decline is a sign of a pullback and continuation of the decline, so I am not in a hurry and waiting for a rebound with confirmation of a reversal.

EURUSD

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.