I believe if we look at the monthly charts and the weekly, we can see that there is a strong possibility to make this one go down furthermore.
It is testing the weekly resistance zone now, and to be honest, I'm jumping into this one a little early though, I wanted to wait for an extra price action confirmation, but my RR is 1 to 3. As I use to say, with a RR 1:1 it's a very high possibility trade since institutional traders as super long and on the Euro as well.
Anyway, have a great week everyone! Cheers!
It is testing the weekly resistance zone now, and to be honest, I'm jumping into this one a little early though, I wanted to wait for an extra price action confirmation, but my RR is 1 to 3. As I use to say, with a RR 1:1 it's a very high possibility trade since institutional traders as super long and on the Euro as well.
Anyway, have a great week everyone! Cheers!