EURUSD is consolidating following a massive bearish move.
When the markets make a significant move, the price tends to consolidate.
Contraction leads to expansion, and expansion leads to contraction. Price is likely to drop and test the support level by breaking the trendline.
We expect a consolidation until the price shows a new trend.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
When the markets make a significant move, the price tends to consolidate.
Contraction leads to expansion, and expansion leads to contraction. Price is likely to drop and test the support level by breaking the trendline.
We expect a consolidation until the price shows a new trend.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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