Wait for the retracement

The EURUSD is in a channel, with the last news from US (NFP low figure) the price shoots and reach 50% retracement of the down move.

I would expect the price to retrace another 50% of the up move where it would hit the major support-resistance-resistance and again support level.

I will look for buy opportunities in the next days if the price hit the those levels.

Penafian