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Look at YEn 1h chart.. breaking the chanel Up..
with current Support at 3080, the possible conclusion is a "retrace".. so next daily resistance lay at fib 382.. or near.. = 1.35
just from looking at my crystal ball
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DislikedWhat up K, I'm watching 3136 on the hourly and 3146 on the 15min, 3080/85 triggers more selling, but its not going to be easy down there. Good luck pal...Ignored
DislikedNothing goes in one line Up or Down..
Look at YEn 1h chart.. breaking the chanel Up..
with current Support at 3080, the possible conclusion is a "retrace".. so next daily resistance lay at fib 382.. or near.. = 1.35
just from looking at my crystal ballIgnored
DislikedThanks for link, China is having trouble today for anyone just logging on.Ignored
DislikedWhat up K, I'm watching 3136 on the hourly and 3146 on the 15min, 3080/85 triggers more selling, but its not going to be easy down there. Good luck pal...Ignored
Dislikedyup..
a nice daily EURUSD close above 1.3355 and we are looking at 1.3530 - 1.38;
a nice daily GBPUSD close above 1.5650 and we are looking at 1.5830 - 1.5920;
otherwise.. with new low -> new MATH ..
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DislikedYes if it can crush that area it would be good for longs.
Lets see what London will do about it.Ignored
DislikedDaily support at 1,3040...price went near it...but could not even touch it...and it bounced up. I've noticed a few times when price can't touch an important daily support and bounce off the zone there is bounce in play
So there must be a lot of demand there on daily.
Next big daily resistance is around 1,3480.
Not to mention the highest vol of the day was on the doji at 1,3080...for 80% it signs a bottom (i said it was the bottom of the day yesterday...dunno if it will be the bottom for more days though)
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DislikedI think I'll look for a short play after that rejection of 3136 on the next 15min close...Ignored