Razvan
Short

EURUSD - Main Scenario

FX:EURUSD   Euro / U.S. Dollar
My main scenario for the EURUSD             is still down. A retest on the last low could be done by the end of this day. The rest will depend on how dovish Janet Yellen will be at Jackson Hall. In the current context my target would be 1.3200 before Tuesday. Only a break above the local high could trigger a rally towards 1.3335 and above.
Do you see a RSI divergence on h4 ? I'm not sure but it should be so!?
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Razvan xnedja
Yes, I can see it!
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xnedja Razvan
In this situation, can we expect a correction ?
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Razvan xnedja
we can expect a bounce
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brilliant!!!! not best but you where close... but i still dont anerstand why 1.32? there is no support on this line
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Razvan NikolLakin
Thank you, it is a round number, and the closest possible support. EURUSD is now at almost one year low.
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