I am still waiting for EURUSD to give the correction from a monthly perspective. But No. He is still chilling making those small 20-50pips movement. Come on EURUSD drop down.
Oke seriously let's have a check on the analysis.
Monthly:
On the monthly the market has given us an impulsive move to the upside. Afterwards we want to see a retracement at least till the 0.382 Fib Level. The market has not done this yet. We are in a very complex correction.
Weekly:
This timeframe is in a ranging market up down up down. But still we are at weekly Supply/Resistance
Daily:
The daily has closed as a DOJI which is a good sign for shifting momentum. Therefore the chances that the market is doing some sharp moves today is very possible.
What do you think guys?
Oke seriously let's have a check on the analysis.
Monthly:
On the monthly the market has given us an impulsive move to the upside. Afterwards we want to see a retracement at least till the 0.382 Fib Level. The market has not done this yet. We are in a very complex correction.
Weekly:
This timeframe is in a ranging market up down up down. But still we are at weekly Supply/Resistance
Daily:
The daily has closed as a DOJI which is a good sign for shifting momentum. Therefore the chances that the market is doing some sharp moves today is very possible.
What do you think guys?
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