It's a bit tricky here, so not really sure what will happen. Volume indication tells me UP RSI is not oversold, tells me DOWN I suppose this: Case A: is reversal up but limited to the 618 and 786 of fibo, before a drop (probably limited as well) Case B: drop down drawing a bottom W, then reversal up ( limited to 618 and 786 but can also go higher after a correction)
Since my short was timed out yesterday. there was something not as expected and the pair should never reach its target. It broke just lower to make a correction before a very probable bullish move
trial to reverse support 1,060 below this point target 1,053 above this point target 1,066 and 1,071 levels
Eurusd showing weakness Reversal possible here Rejection will bring 1,053 - 1,051 levels
Reversal possible here If not watching 1,053 and 1,051 levels
From here, Possibilities for long and short Long first, but keeping an eye on the reversal zone's This is no trade advice