This idea is pure technicall because fundametally the Euro is still weak, sometimes we must decide between these two opposite reasons.
According to my previous idea:
There's a good chance now for the correction ABC to be completed.
There are some good reasons for that:
-Price is bouncing at the daily and weekly trendline
-Price is oversold
-Nice Convergence-Divergence area (price is making a convergence on D1 and a divergece on H4)
There are 2 clear targets
Happy Trading
According to my previous idea:
There's a good chance now for the correction ABC to be completed.
There are some good reasons for that:
-Price is bouncing at the daily and weekly trendline
-Price is oversold
-Nice Convergence-Divergence area (price is making a convergence on D1 and a divergece on H4)
There are 2 clear targets
Happy Trading