I'm really new to this and I'm trying my best to workout what are the tools that really defined the market moves.
Here is my analysis for the week:
After loosing momentum, bouncing on the midline of a monthly channel and breaking a 3-days EURUSD looks like is due for a major correction.
I found a key level that could be of interest for countertraders as a target or for a level to look for an entry for those of you who are on the euro on the long run.
I would really appreciate your criticism on my analysis as I'm trying to distinguish what's relevant and what it's not on my chart.
Happy trading yall.