OptimoomFX

EurUsd- Time for correction?

Long
OANDA:EURUSD   Euro / U.S. Dollar
In the past three weeks, EurUsd fell hard and after breaking under 1.15 important support, the pair has tumbled under 1.12
However, the last part of this drop, from above 1.1350, is in a falling wedge pattern and the new lows are marginal.
I expect EurUsd to recover some of the losses and a break back above 1.1250 would confirm my outlook.
Short term buyers can target 1.1380 resistance and a new low would put pause to this scenario

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