Re: EUR/USD
995It bounced off from 1.2350 but it is still pretty bullish. I doubt this is the start of a correction, but we will see.
Re: EUR/USD
996It is still moving south but for the moment there is no indication the pair is beginning a major correction.
Re: EUR/USD
998Now I wonder whether it will continue dropping or it will start forming a sideways range. Thoughts?
Re: EUR/USD
999The correction has begun in earnest now, I think. Notice the pair of shooting star candlesticks on the weekly time frame below 1.2350. Next target is at 1.1950, probably.
