Time To BUY EURUSD Correction to 1.03 -1.06???

Today's analysis is based of the HFT WEEKLY and MONTHLY charts with emphasis on the daily and 4hr charts were we can see evidence of a support being formed around the 0.99 area.

As you can see on the WEEKLY chart my custom indictar gives very accurate signals when used on the weekly charts and especially around key price areas like we are at now. The EURO is very weak and the DOLLAR is very strong though nothing ever goes straight down this pair may very well drop alot lower in the long term though for that to happen we will see a correction is that now the signal says YES.

A short term correction up towards the newly created weekly and monthly SUPPLY/SELL zones is were we should head before moving back down in the long term (may not happen)

I have entered LONG @ 0.997 with a stop under 0.98 you can see my targets in the image. The idea is based on price action soley and fundamentals can invallidate this move though using the HTF charts increases probability that the idea will work ouut.