The price is returning to growth after it suddenly and strongly collapsed in the middle of last week. Let me remind you that after the collapse, the price broke through the support zone at 1800.37, where a strong level passes.
However, after the breakout, the price stopped in the 1769.70 zone, reversed from it and began to grow again.
At the moment, the price...
On FX:EURUSD we have very nice structure based setup, which is in my radar today.
Currently I wait for the price to retest the structure support @1.1244. We have a nice confluence of Fibs 38.2 right at the support level. So I look the price should finish the correction in the red zone and then rally up to the next structure level @1.13518, where we have fibs...