EURUSD moves back to the 38.2% retracement target. What next?

<p><a href="https://www.youtube.com/watch?v=dKluG8P1iqA&amp;ab_channel=ForexLive" target="_blank" rel="nofollow">In an earlier video</a>, I spoke about the corrective move higher and how the sellers had to hold the 1.0896 level. Risk was defined against the level. Sellers could lean with limited exposure. </p><p>If done, the price has since wandered lower and now tests the next target at the 38.2%. </p><p>The sellers are still in control. What next?</p><p>Watch the video below to see the next steps for sellers. </p>

This article was written by Greg Michalowski at www.forexlive.com.

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