EURUSD is moving along the expected path.
Since the upper high is the weekly, daily correction trend line of the downtrend, it cannot be broken any further, and after falling below, if a new weekly, daily correction trend line of the uptrend is drawn, it can be in a reversal form.
The dollar may not weaken any further until tomorrow's CPI release.
Be careful.
good luck.
Since the upper high is the weekly, daily correction trend line of the downtrend, it cannot be broken any further, and after falling below, if a new weekly, daily correction trend line of the uptrend is drawn, it can be in a reversal form.
The dollar may not weaken any further until tomorrow's CPI release.
Be careful.
good luck.