Forex Positive
Long

EURUSD ready for technical rebound

FX:EURUSD   Euro Fx/U.S. Dollar
After September ECB meeting, EURUSD             drop about -250pips in 1 day. I think this is the last major capitulation selloff.

EURUSD             is way oversold, and a bounce up is imminent. Looking to enter long for a bounce up from the 88.6% FIB retracement. Profit target levels are the 2 resistance zones 1.3100 and 1.3300.

Long EURUSD             1.2890-1.2900
SL 1.2850
TP1 1.3100
TP2 1.3300

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Sandeep_Gupta
2 years ago
I am agree with you.
Is correction over?
Reply
Forex Positive PRO Sandeep_Gupta
2 years ago
Chart looks good :)
Reply
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