Yesterday, we saw a 100 pips drop on EURUSD, but that's not where it ends.
That confirms the downfall which we expect to continue for now.
However, we should pay attention that there was a move of 170 pips without any pullback - something unusual for this pair.
Today is Friday - a suitable day for collecting profits and therefore a possible pullback.
That's why it's probably best not to look for short positions today, but instead of that, wait for a retracement!
Long-term ideas are still valid and without any changes!
Like and comment below this post! Thank you!
That confirms the downfall which we expect to continue for now.
However, we should pay attention that there was a move of 170 pips without any pullback - something unusual for this pair.
Today is Friday - a suitable day for collecting profits and therefore a possible pullback.
That's why it's probably best not to look for short positions today, but instead of that, wait for a retracement!
Long-term ideas are still valid and without any changes!
Like and comment below this post! Thank you!
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