FX:EURUSD   Euro / ABD Doları
On 3rd March (Wednesday), I discussed about the potential re-test of the bottom band (Exhaustion pattern). In yesterday's analysis, I expected EU to breach the 1.2030 minor support zone followed by strong sell-off towards 1.1960 Launch zone of the flag pattern , which was exactly what the market performed if you're keeping up with my forecast. In today's trading session, I will be cautious of potential pullback due to the current over-extended condition. However, if the market keeps pushing down, that could expose 1.1917 as the next support zone .

The higher timeframe picture remains bullish , I'm only trying to capitalize on the short-term bearish sentiment in the market. Stay flexible.

Trade safe.

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Feragatname

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