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JonasBenjaminFriedrich
Nov 11, 2021 8:45 AM

So is it finally going to happen or not!? Long

EUR/USDOANDA

Description

Been waiting for a EURUSD reversal. I thought yesterday the time was ripe, however inflation data out of the US triggered a EURUSD sell off just when it was looking to do the reversal, which then could have translated into bigger time frames. The reversal could still come but if it comes will probably play out by next week. Should next week not come in green and finish green then the reversal scenario becomes unlikely and probably wont play out anymore...so lets see what happens at current levels. Also note that RSI is starting to show divergence on the daily.
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