Hi Folks:
The current daily candle on this pair shows an important rejection from the bottom and therefore we could be close to a reversal or at least an upwards correction.
The previous idea (with a slight adjustment) REMAINS valid and the target unchanged on the long term as long as we keep inside the descending channel .
All the best. Cheers

EURUSD
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The current daily candle on this pair shows an important rejection from the bottom and therefore we could be close to a reversal or at least an upwards correction.
The previous idea (with a slight adjustment) REMAINS valid and the target unchanged on the long term as long as we keep inside the descending channel .
All the best. Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
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Related publications
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.