forextidings

EUR/USD: Bigger Correction?

FX:EURUSD   Euro / U.S. Dollar
EUR/USD is started to climb from the end of September. Now, it's in the volatility zone. Wherein it will show sideways movement (highlighted by a vertical rectangle).

According to the moving average, EUR/USD is in an uptrend. Day traders can buy at 1.1870 for targets of 1.1900 - 1.1917. And short position can be initiate at 1.1826 for targets of 1.1790 - 1.1760.

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