I believe overall we will see a reversal in next months on EURUSD.
Technically speaking, we have two strong channels crossing, adding one of the oldest Fibonacci levels and demand zone in the eye of it, indicating the pair will face strong technical and psychological zone in the upcoming weeks to come, resulting in bounce of up to 700 pips.
We will see re-testing 2018 peaks in third and fourth quarter.
Technically speaking, we have two strong channels crossing, adding one of the oldest Fibonacci levels and demand zone in the eye of it, indicating the pair will face strong technical and psychological zone in the upcoming weeks to come, resulting in bounce of up to 700 pips.
We will see re-testing 2018 peaks in third and fourth quarter.