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FOREXN1
Oct 4, 2021 10:47 AM

EUR/USD: PRICE ACTION ANALYSIS | BULLISH IMPULSE | LONG SETUP 🔔 Long

Euro Fx/U.S. DollarFXCM

Description

After a previous fall in the price as we have seen in recent sessions, the price is now in a retracement moment, we expect a bullish impulse on the 38.2 / 50% fibonacci levels where the POC of the volumes is present before continuing its descent in the areas support highlighted on the graph.

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Comments
jcgarciasigma
before OPEC and NFP? I dont think so. I think it'll go sideways. US market isn't even open when the impulse happened. how do we know if these are not tactical by institutionals?
FOREXN1
@jcgarciasigma, Price is the best indicator.
MMBTtrader
valid channel
FOREXN1
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