What i think about EURUSD ! i actually have different idea !
In my opinion there are more bulls in the house , i don't expect a trend reversal , i instead think that it's just a retracement (confirmed by the blue ABCD Pattern ) to the downside ,then, the market will rally to 1.12500 -- 1.13000 levels .
The RSI also shows the continuation of the uptrend (no divergence) ;
Let's watch what the market will tell us .. >> As mark Douglas said "Don't jump the gun " <<
In my opinion there are more bulls in the house , i don't expect a trend reversal , i instead think that it's just a retracement (confirmed by the blue ABCD Pattern ) to the downside ,then, the market will rally to 1.12500 -- 1.13000 levels .
The RSI also shows the continuation of the uptrend (no divergence) ;
Let's watch what the market will tell us .. >> As mark Douglas said "Don't jump the gun " <<