Possible reversal on EURUSD
Yesterday EURUSD reached 1,0440 followed by 200 pips drop to 1,0284.
There will be further volatility caused by the news today. ( US October Retail Sales)
This could be a good time to reverse the movement in EURUSD.
New upward movement to 1,0500 is possible, but no buys are recommended from these levels.
There will be sales opportunities in case of new pullback.
There will be further volatility caused by the news today. ( US October Retail Sales)
This could be a good time to reverse the movement in EURUSD.
New upward movement to 1,0500 is possible, but no buys are recommended from these levels.
There will be sales opportunities in case of new pullback.
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