FX.co ★ hickle.manuela | Comprehensive Analysis in Trading: Mastering Methodologies

Hello traders, yesterday the EUR/USD pair showed a good and quite predictable correction. We reached the level of 1.1640, which is the upper boundary of the 1.1625-1.1640 zone where I expected a retest and a possible continuation of the bullish trend. I chose not to open any long positions as I was selling the pair yesterday. I have closed my short positions. Let's see how the European session will start. I would consider buying near the 1.1590 level, with a possibility of price dropping down to 1.1500 according to the Fibonacci levels. I anticipate that the volatility will remain high, depending on the news related to the Middle East crisis. There is a lot of conflicting information circulating in the media.