Note

EurUsd- New leg of correction could start soon

· Views 341
EurUsd- New leg of correction could start soon


After reaching parity last week, EurUsd started to fall again and at the time of writing is trading at 0.9744. However, the fall looks corrective in nature and is drawing a falling wedge on our hourly chart.

0.97 zone is support now and a new leg up (correction to the overall long-term trend) can follow. My strategy is to buy dips around this support with negation under 0.96 and a soft target around parity. #OPINIONLEADER#

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.