Lingrid | EURUSD trend SHIFTThe price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently retracing towards the resistance zone after its recent breakout from the range zone. On the 1H timeframe, the market has been correcting its downward trend, indicating a potential pause in the bearish momentum. With high-impact news today, I expect the market to continue moving sideways, then potentially move downwards after retesting the range zone. If the EURUSD fails to breach the resistance zone around 1.08100-1.08200, we can anticipate a rebound from this level. My goal is the support level of around 1.07480
Traders, if yTraders, if you liked this idea or if you have your own opinion about it, write in the comments.