✅EUR_USD WHEN TO BUY? LONG🚀

22. Nov. 2021

✅EUR_USD is falling in a downtrend
And the pair has already lost almost 9% from the local highs
Which is a LOT for such a major pair, especially given
That the bulk of the action happened in the last few weeks
So the pair is locally oversold
And I think that those who are in the short trades
Are looking for a level at which to close their positions
At least partly, and the first strong structure is around 1.1179
From there I would be expecting a pullback and a bullish correction
So If we see reversal signs, it would be a great place to buy
IF the level is broken, however, then the nearest support
Would be 1.0759 level, which looks iron-clad
And so the pair will most certainly go up from this level
LONG🚀

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