EURUSD intraday long. The exchange rate reached the end of the correction level. This level is 1,2230 I expect a rise from this level (0A) up to 1,2282 levels. Then a repeated downward movement (AB) wave is 1.22224. Then a higher rising wave (BC) is 1.2381. It is important to note that at this level a downhill motion (H1) appears, we will not trade
Comment:
In the exchange rate you can see a momentum candle (H1) against analysis, so we did not open a position.