FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

Today, a mandatory zone has appeared on eur/usd, but I see its potential relative to the price as quite modest. I believe we are experiencing a correction, and considering that we already have three unfulfilled balances in the 1.2117/1.2200 area, there is a good chance that the price will visit there. We will observe how the market behaves towards the end of the week, but at the moment, the structure of this decline looks corrective, and I think it will be difficult for the price to drop below according to the bearish scenario. These are my current thoughts, but in the long term, nothing changes significantly, just a significant delay.