EURUSD made a strong downward move after putting in a double top.
Made a 618 retracement.
Looks like it may be beginning to break out of the minor upward channel, but is sitting on nice structure + 382 retracement line.
If the channel breaks down I'll be looking for a short position on a bounce back to 1.0725
Made a 618 retracement.
Looks like it may be beginning to break out of the minor upward channel, but is sitting on nice structure + 382 retracement line.
If the channel breaks down I'll be looking for a short position on a bounce back to 1.0725