financialflagship

EUR/USD – Week 24 – Correction almost over.

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
In our past analysis, we correctly forecasted that EURUSD will start a bearish move that would act as a consolidation for the Daily uptrend.
For this week, we expect the price to hit the support level . After that, there is a big possibility that the pair will start a bullish move and make a new top, but that doesn’t mean the price won’t break the support before gaining bullish momentum.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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Comments

yes looking for the short term down move also
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agree
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@MMBTtrader, 👍👍
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