After huge move we had last week on the euro
, I've drawn up a few potential areas to get long on this pair. Now I do expect a downward correction in the next few trading days where I believe the market will trade in a downward channel
as it seeks the next support level
. Now looking left we have a few potential areas where we can get long on the euro
and the first scenario isn't something I would be interested in but I will be keeping an eye on the next two scenarios as the market approaches those structure area and if i see oversold conditions on my RSI
or a bullish Divergence
then I will be going long on this pair.
To see my in-depth analysis on this pair watch my weekly video:
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