EURUSD has a runaway gap at 1.13

23 Ağu 2022

Like in 2017, where the runaway gap is at 1.08, you'll notice a runaway gap again at 1.13. It is a tell-tale sign of a long-term buy. The bearish strength is only temporary thanks to the energy crisis fears looming in Europe. All of these, in my opinion, is viewed as a temporary situation. It's not quite likely that EURUSD will visit $0.8 and below. I am waiting patiently for the pair to form a bottom.