EURUSD is coming down very nicely, now falling out of a wave b channel which confirms the fact that market is making a decline into wave c of a B flat correction. If that’s the case then bounce will occur from around 1.1500 area.
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.