wavefxacademy

EUR/USD: IS THE CORRECTION OVER???

FX:EURUSD   Euro / U.S. Dollar
The change of events based on today's price action shows where the market maybe continuing on the bullish forecast I made mention of last week. I will link that analysis below. The daily trendline is proving to be a strong support zone for the market.

Personally, I would be looking for the market to correct to about the 50% or 61.8% level, but in my experience, the market will always do what it does. Therefore it's best to be proactive that reactive, as such, I've documented my chart in accordance to what I will be expecting.


I would love to hear your thoughts and feedback in the comments.

Signed,
Samore

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.