EduwaveTrading

Bigger correction for EURUSD

Long
SAXO:EURUSD   Euro / U.S. Dollar
Hi traders,

We think EURUSD is in a bigger consolidation now. What we see is that price can make one more move up and after that it can drop to 1.17 price area.
This week we will look for buys because it could be that the correction is already finished and this pair is going for the impulse leg up again. At this moment there is no setup.

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This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

Don't be emotional, just trade!

Eduwave Trading

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