ivanderyoshua

EURUSD Bullish Correction

FX:EURUSD   Euro / USA-dollar
after EURUSD experienced an impulsive bearish move.
I predict that EURUSD will make a bullish correction.
Because according to the Fibbonaci measurements that I did.
Currently the price has touched a crucial area,
namely the three golden fibbonaci areas meet each other and form a cluster.
I also saw on the stochastic indicator, the price has been moving in the "oversold" area for a long time,
so there is a possibility that it is time for the price to get out of the
"oversold" area and starts make bullish correction movement.

I predict the price will move up between 1.14888 to 1.15136
using the previous resistance reference.

Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
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