#EURUSD [D1C] A Drop, A Correction, A Big Drop, A Reversal!

11 Şub 2020

EURUSD Is currently heading to an important annually demand zone @1.08690 where i am anticipating a decent correction to the nearest weekly supply zone @1.10250 where we technically should see a continuation to the downside to the annual wedge located at its closest point @1.06300 : @1.06500 Where we should see a significant reaction anticipating a push to the upside to make its way back above @1.12380.

This scenario might change according to market conditions especially during the shifts between Risk-on Risk-off environments.

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