Mihai_Iacob

EurUsd- Morning Star before correction?

Long
OANDA:EURUSD   Euro / U.S. Dollar
EurUsd has dropped hard since last week, and after breaking under the important 1.15 zone support has made a local low in 1.1250 zone.
Now the pair is in need of some correction and the last 3 trading days have made a nice Morning Star candle pattern on the daily chart (the star is also a bullish Pin Bar)
I believe we are in the early stage of a correction and a retest of 1.15 now resistance is not out of the question in the next week or so.
I will look to buy this pair and only a new low under 1.1250 would change my bullish opinion

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