After September ECB meeting, EURUSD drop about -250pips in 1 day. I think this is the last major capitulation selloff.
EURUSD is way oversold, and a bounce up is imminent. Looking to enter long for a bounce up from the 88.6% FIB retracement. Profit target levels are the 2 resistance zones 1.3100 and 1.3300.
Long EURUSD 1.2890-1.2900
SL 1.2850
TP1 1.3100
TP2 1.3300
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www.ForexPositive.com
Twitter @ForexPositive
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EURUSD is way oversold, and a bounce up is imminent. Looking to enter long for a bounce up from the 88.6% FIB retracement. Profit target levels are the 2 resistance zones 1.3100 and 1.3300.
Long EURUSD 1.2890-1.2900
SL 1.2850
TP1 1.3100
TP2 1.3300
=====
www.ForexPositive.com
Twitter @ForexPositive
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