Commencez
Junmadayag

EUR/USD Will we see a rebound soon? ZOOM OUT WEEKLY

Euro / Dollar Américain (OANDA:EURUSD)  
Junmadayag Mis à jour   
OANDA:EURUSD   Euro / Dollar Américain
Trend Analysis Chart Patterns Technical Indicators eurodollar eurusdidea
0
0
trendanalysis chartpattern indicator eurodollar eurusdidea
EURUSD

If we zoom out more to weekly chart we are actually approaching a 32% re-racement from March 2020 low to its recent high. Will we see a rebound and what would be the catalyst that will reverse the trend for the EURO? Will it be the Jackson Hole ? A pause on hawkish tone? The covid variant?

Personally i would be looking at the 50% to 62% range for entry if it falls there.

Whats your thought?
Commentaire:
just a quick note reverse the fibbo :)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.