2. EURUSD: weekly support for correction
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Traders,
EURUSD is now on a weekly support zone.
This is confirmed with a blue broken trendline and some bull sign.
Next week, with NFP coming, a retest of the support zone and bounce up to touch a higher position are both possible for EURUSD. But if price go to hit the higher blue position first before NFP, which is 400 pips from current position , a new lower low after NFP will be a possibility.
Less is more!
Traders,
EURUSD is now on a weekly support zone.
This is confirmed with a blue broken trendline and some bull sign.
Next week, with NFP coming, a retest of the support zone and bounce up to touch a higher position are both possible for EURUSD. But if price go to hit the higher blue position first before NFP, which is 400 pips from current position , a new lower low after NFP will be a possibility.
Less is more!
