Ken

EURUSD RE-TEST PREVIOUS STRUCTURES, LOOK FOR NEW BULLISH CYCLE

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Ken Güncellendi   
FX:EURUSD   Euro / ABD Doları
EURUSD RE-TEST PREVIOUS STRUCTURES, LOOK FOR NEW BULLISH CYCLE
The price has some rejections at previous structures. We expect for new bullish cycle to re-test monthly falling wedge or 61.8% weekly retracement. Keep a close eye on the reversal price actions for buying opportunity.
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-The price tends to retest the previous structures and the ascending trend line before making a new impulse cycle to the monthly descending trend line . We're looking for the reversal in lower time frame at that zone for buying opportunity.

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