You should still prioritize buying EURUSDHello dear friends! That's the end of another trading week! Let's recap the markets from last week and discuss our new plan for next week, shall we?
On the previous 1D timeframe we saw the trend change and the market quickly tested the 1.0900 high. But! Unfortunately in the uptrend it is in a consolidation correction above the downtrend resistance level. Confirmation of the trend change would be consolidation above the 1.0750 price level. By observing the chart, we can clearly see EUR/USD reached the 0.618 Fibonacci retracement level and found support there, with the 34 and 89 EMA converging at this support level. Therefore, in the near future, I still prioritize buying according to the trend. It is expected that this increase will reach 1.1079