Wait for the retracement

FX:EURUSD   Euro / U.S. Dollar
126 1 6
The EURUSD             is in a channel, with the last news from US (NFP low figure) the price shoots and reach 50% retracement of the down move.

I would expect the price to retrace another 50% of the up move where it would hit the major support-resistance-resistance and again support level .

I will look for buy opportunities in the next days if the price hit the those levels.
hi nch, what about first blue narrow you ticked just after stronger bullish movement. What are your prediction in relation to further background? Do you suggest that the market is going to reach 38.2% retracement level?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out