Sharing my view on EU! I think EU will test the Monthly support at 1.034x area (blue rectangle) before any meaningful retrace. A break of this area is not expected until the Fall to continue to Parity and below.
A consolidation period should happen before this meaningful retrace between 50 and 100 pips (up and down).
Will join the buy side at that area.
A consolidation period should happen before this meaningful retrace between 50 and 100 pips (up and down).
Will join the buy side at that area.