Wait for the retracement
The EURUSD is in a channel, with the last news from US (NFP low figure) the price shoots and reach 50% retracement of the down move.
I would expect the price to retrace another 50% of the up move where it would hit the major support-resistance-resistance and again support level.
I will look for buy opportunities in the next days if the price hit the those levels.
I would expect the price to retrace another 50% of the up move where it would hit the major support-resistance-resistance and again support level.
I will look for buy opportunities in the next days if the price hit the those levels.
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