EURUSD – The Euro retains a chance to correct the situation

14.09.2022

The dollar, sent on a short vacation for the near future, suddenly decided to return, doing so quite unexpectedly. All the territory slowly and heavily reclaimed by the Euro was instantly lost.

The rapid decline could be a part of an anticipated correction, to be more precise, of the wave [iv], of the downward momentum that is forming. Then the price can start rising again, having bought back yesterday’s failure.

Purchases in this situation are quite possible, but extremely dangerous. It is possible to open transactions at the current market values.

Recommendations: Buying 0.9980, SL 0.9955, TP 1.0250.