Contrary to the predictions of economic sites, the dollar rose strongly on Friday, causing the euro to fall However, in the previous analysis, I had announced that the price will remain in the range for some time According to price action analysis (which I strongly believe in), and some indicators, it seems that the price is still trending lower. I still expect the price to drop in the weekly and daily (and even monthly) timeframes And maybe we have corrections in small time frames that can be checked during the trading day
My target 1: 1.0740 And after correcting and getting approval to continue reducing: My target 2: 1.0645
*Be profitable
Thank you for expressing your opinion with likes and comments
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Target 1 Reached
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I think lower low will not be formed And the upward trend is to form the right shoulder
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I think the price is in the range of 1.080 and 1.0845 (and maybe 1.0879) for some time And then it will be downward
* Do not forget the stop loss
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Flag formation in 4H time frame And Completed in pullback flag pattern
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