0
0
Read Time:37 Second
EURUSD
As you can see, the currency is after the first stronger rebound and there is a chance for a stronger correction. Usually, after a long strong movement of the price of an instrument, a similar rebound occurs. Looking at the volume at the low level, you can also see that the previous low turnover did not herald anything concrete, but the last bearish candle was focused on quite a large volume. This may be a correction signal, as I wrote earlier.
Currently, there is even a chance to reach the level indicated in the image below. The resistance level and the trendline boundary are combined which is an interesting place to trade if the levels are not broken with high volatility.
