IStankov

EURUSD

IStankov Updated   
FX:EURUSD   Euro / U.S. Dollar
9
mid-term
Comment:
correction like this would mean that we have entered the 3rd stage of the bigger correction.
Comment:
The downside is still possible, but given that DXY has broken to the downside (unless it reverses) , then more upside
Comment:
could be a correction for upside; even if we get that upside, the original structure is still valid
Comment:
As in DXY, more down is possible, but the down move is still likely
Comment:
Comment:
it is not giving the buy setup I was looking for , looks like more like a sell setup
Comment:
Comment:
it broke but did not go much; Given how the price behaves, a break to the down would have nice potential
Comment:
Two probable setups this week

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