EURUSD
If we zoom out more to weekly chart we are actually approaching a 32% re-racement from March 2020 low to its recent high. Will we see a rebound and what would be the catalyst that will reverse the trend for the EURO? Will it be the Jackson Hole ? A pause on hawkish tone? The covid variant?
Personally i would be looking at the 50% to 62% range for entry if it falls there.
Whats your thought?
코멘트:
just a quick note reverse the fibbo :)