EURUSD Trading Plan 7/12/2018
EURUSD was rejected b 78.6% retracement of 1.1780 sending
price to the downside. Price is currently at both Monthly
Support and 61.8% retracement of 1.1650. If this 61.58% level
holds and the correction is complete, price will rebound to
the upside with a FIB D1 Extension target -27.00%.
However, a Break of the monthly support zone will argue
that bears are still in control of the market launching price to
its daily timeframe support zone of 1.1570.
price to the downside. Price is currently at both Monthly
Support and 61.8% retracement of 1.1650. If this 61.58% level
holds and the correction is complete, price will rebound to
the upside with a FIB D1 Extension target -27.00%.
However, a Break of the monthly support zone will argue
that bears are still in control of the market launching price to
its daily timeframe support zone of 1.1570.
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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.