EURUSD - What will you do? UPDATE

Welcome to a new Update

Monthly:
Bullish environment. The market is currently in the Correction Phase. Long Term we can expect big moves to the upside.

Weekly:
Here we can see clearly that the market is in a bullish Flag . Moving in a very Corrective way. Currently it is also at weekly Support

Daily:
Very nice movements here like I explained in the last Post. Well from here now we can expect both scenarios. Long or Short. We have confirmation for both sides so I would consider to not trade this pair right now.

We can also see how the price is currently retesting this Corrective Pattern Channel to go down lower afterwards.

Opinion
From my point of view we have a higher chance to go down lower but let's watch price action and the lower timeframes for additional confirmation before entering shorts.


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