Ratio_Trading

EUR/USD Will EUR Keep falling?

Long
FX:EURUSD   Euro / U.S. Dollar
We still believe that the end of the big descending cycle is imminent. A big reversal will come into effect very soon.
The 5th wave of a primary degree should be completed near 0.9835 and 0.9787. The next move will be the start of a new ascending impulse cycle.
We still favor the "buy the dip" strategy.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.