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modaraba702
Aug 3, 2022 5:46 PM

Euro USD price movement Β 

Euro Fx/U.S. DollarFXCM

Description

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Euro/USD is doing a classic ABC correction to the down side target at best is previous bottom at 0.995. Price could also bonce from 100% fib. ext at 1.0666. Taking profit at this level is highly recommended!!!
Comments
adoringDog5055
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thx for your great analysis. 😁any update on current Euro position?? Many thx for your time πŸ‘πŸ‘
modaraba702
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@adoringDog5055, still in a down trend expecting to hit at least 1.01 my idea and count still valid as long as price doesn't reach 1.03, I expect even 0.995
adoringDog5055
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@modaraba702 ❀❀ Thank you for your time and reply. Your chart is my trading guidance πŸ™ ✨️
modaraba702
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@adoringDog5055,just be careful sometimes things do not go as planned always manage and control risk, as long as price does not reach up to 1.03 the scenario still valid today is a day of truth with US inflation report expect volatility !
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