The Euro has been falling for a couple days against the Loonie. Last week price got stuck in consolidation before breaking to the upside. On the larger time frames price seems to be in exhaustion looking to retest Fibonacci levels before making another push to the downside. This week we look to buy the retrace as price has clearly printed support levels. confirmation for entry is always needed. Bullish engulfing bar or pin par to signal price moving on up.
My analysis are for educational purposes. My post are not signals! Trade at your own risk. Happy Trading!
My analysis are for educational purposes. My post are not signals! Trade at your own risk. Happy Trading!