EURUSD Broke a Major Low on the Daily Chart.
Price May Retest Previous Highs Before Continuing to the Downside.
Otherwise, Price will continue forming Lower Lows with Impulsive Waves and Lower Highs within a Corrective Structure.
Entry Point at the 100% Structure/ Demand Zone
First Target will Be the 161.8% Retracement.
Target 2 @ 261.8% Fibs.
Price May Retest Previous Highs Before Continuing to the Downside.
Otherwise, Price will continue forming Lower Lows with Impulsive Waves and Lower Highs within a Corrective Structure.
Entry Point at the 100% Structure/ Demand Zone
First Target will Be the 161.8% Retracement.
Target 2 @ 261.8% Fibs.