Maybe if look on pattern indeed wave eurusd on these timeframe already on support area, but might today movement still on narrow movement and might still bearish slow
Be carefully I think also we need put stop loss on bottom line, so if likely trend move to break low hence still we manage these risk, if look on daily timeframe this pair still possible also to down
Well, it's logical for there to be a retracement after such a drop. But I don't think it will last long.
Maybe only on correction time, usually after move large and rapidly hence will occur rebound and will safe and low risk if we enter when price on high and look pattern on timeframe
Yep, any substantial move is finished for EURUSD for 2016 - so ECB must have decided not go substantially below 1.05 after all. That makes sense since they stuck to that level even when they had Greek crisis.