Short-term EURUSD long and possible long-term short

Looks like the EURUSD is not going to be shorting for two-three days as it needs to retrace as it's sitting at a pretty "bouncy" support line, plus it just hit the 200 MA on the weekly timeframe. The goals for the short-term long sit at the 0.382 and 0.618 FIB retracement, if it goes beyond that, of course in the long term it's going to continue growing, but I doubt it.
The reason for the long-term short I want to believe is due to the current possible economic regression. However, I'm not entirely sure about this one as it could go in any direction.

Yorum:

Given the cut rate by the Feds, this is most likely going up in the long term, so time to buy.

İşlem kapandı: hedefe ulaştı:

It'll keep going down.