EUR recently developed upward momentum.
We can see clearly on H4 that the price is nearing it's major support.
Here are two scenarios for me:
(1) Price bounce hard at this level and and consolidate for a while
(2) Price gets rejected from current level and drops further 100-200 pips to retest structural support.
Good luck!
We can see clearly on H4 that the price is nearing it's major support.
Here are two scenarios for me:
(1) Price bounce hard at this level and and consolidate for a while
(2) Price gets rejected from current level and drops further 100-200 pips to retest structural support.
Good luck!