LeoCapital_IN

EURUSD LONG IDEA

Long
FX:EURUSD   Euro / U.S. Dollar
If we observe monthly chart of EURUSD the price made a huge impulse towards downside so we can expect the price to make some correction here.
There is strong supply zone at 1.05100
So we can expect price to respect that zone and move higher atleast to fibo 0.382 which is at 1.14 .


Note :This is my personal opinion, do not take it as financial advise
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.