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Thursday, November 14, 2024

Is it time for a correction in EURUSD?

Is it time for a correction in EURUSD?

EURO / U.S. DOLLAR FX_IDC:EURUSD

Yesterday, EURUSD reached 1,0500 and then bounced back.

Throughout the week, the USD has been rising, and a pullback from profit-taking is likely to follow.

However, it’s uncertain whether this will happen today or next week.

So, don’t trade against the trend; instead, wait for corrections and watch for new selling opportunities.



source https://www.tradingview.com/chart/EURUSD/PoOVFF7U-Is-it-time-for-a-correction-in-EURUSD/

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