After yesterday's NFP news EURUSD
dropped and reached a very strong support level
where price has bounced from. The median line
of a descending fork
, the lower parallel of an upscending one, the 0.618 fib of the previous upmove and previous structure all meet in a key zone where we should watch for a long setup (short term trade). Overall i still exepct EURUSD
to sell off but this zone is a great one to ignore. If any setup completes i will update this post we the exact entry point, stoploss and profit targets.
Like and follow for updates..!