EURUSD plunged to 8-week lows. At the time of writing, the pair hovers below the demand area of 1.1980.
While considering the 160 pips drop in the last 24hrs it may try to rebound back to 1.2030 in the short term.
EURUSD plunged to 8-week lows. At the time of writing, the pair hovers below the demand area of 1.1980.
While considering the 160 pips drop in the last 24hrs it may try to rebound back to 1.2030 in the short term.
After the EURUSD retest, bearish pressure may come again. However, you have to enter the trade by analyzing the market context and flow.
I thinkg it is not going to be short term
100% i am still bullish this was a market correction form the fomc news. just pushing price down to an area before they get back in for the buys look on larger TF