UnknownUnicorn57171

EURUSD is ready for a rebound.

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD lies on a good support level that comes mainly from:
1- Target from broken ascending wedge.
2- 0.618 retracement level for the previous rally.

Odds favor a rebound from current levels to target resistance level at 1.35 before resuming its downward move.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.