EUR-USD Structure Analysis! Where To Buy?
Hello,Traders!
EUR-USD seems to be in a free-fall
Which to me is an overreaction to the FOMC meeting results
And looking at the 1D chart of EUR-USD I see 2 potential reversal levels
One,being the low of the previous move down at 1.171
And the second one-a massive structure support at 1.161
The first one is newer, the second one has two touch-points
Thus both are likely to stop the fall and produce a bullish correction
Which I think will be strong and rapid
So we are waiting patiently for the pair to reach any of the two levels
And then we will be looking for the reversal signs before jumping on the correction bandwagon
Buy!
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