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EUR/USD: a 140-pip upside movement is pending. Do not miss it!

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
Investroy  
OANDA:EURUSD   Euro / U.S. Dollar
Support and Resistance Fibonacci Trend Analysis EURUSD priceaction Technical Analysis Forex forextrading Fibonacci Retracement investroy
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supportandresistance fibonacci trendanalysis eurusd priceaction technicalanalysis forex forextrading fibonacciretracement investroy
After initiating a massive drop from the 1.10330 area, the price has been declining ever since. As we know, the price moves in phases, meaning, after a massive impulsive, a correctional leg is needed. Currently, the price is sitting on a crucial area of support and we are anticipating for a short-term bullish phase to kick in, drive the price up, reach the zone illustrated on the graph, form another shoulder, then potentially, continue heading towards the south.
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