Pepepips

Deep retracement

Short
FX:EURUSD   Euro / U.S. Dollar
This retracement after the break of the bullish trend , may give us a great opportunity for search new lows.

Comments

We can see that we are still semi bullish. The previous very long bottom wick is the proof that it will go up. The market still wants up! We will hit 1.19-1.20 max then going down. Also consider that USD is weak becuase of very very low gdp, huge unemployment, rising covid, stalled stimulus (even when it gets approve people will prefer not working because you will get $600 and also printing money is bad for USD) i think we will go up to 1.19 at least!
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