EURUSD – The price is in the middle of the corrective range

13.06.2022

The decline in the pair under consideration turned out to be too rapid and led to a too deep decline. It will be very difficult for buyers to get out of this situation. Most likely, the price will drop a little more, after which it will begin to rise.

However, it is not recommended to open any trading positions in the current situation, since at the moment the price is in the middle of the correction range.

It is necessary to wait for a more or less acceptable situation.

Recommendations: fluctuations in the corridor.