ForexTrendline

Is it time for a correction on EURUSD?

FX_IDC:EURUSD   Euro / Dollar AS
We're going to see interest rates by the ECB this week.

This may lead to more volatility in EURUSD and a deeper correction.

We're expecting to reach 38,2 of the last decline which is at 1.0204 level.

Once the market reaches these levels we're be looking for reversal signals and new sell opportunities.

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