Description
⋅ Another day of major news causing huge fluctuations.
After the ECB’s announcement yesterday, we saw a correction to 1,0900 which is exactly 61,8 of the previous impulse!
The direction remains unchanged and we will look for new buying opportunities upon confirmation.
The idea breaks down on a drop below 1,0800.
Upon a rise, the target is a break of 1,1030.