A batch of high and medium impact fundamental news is being released in the Euro area today. The price has re-tested the 1.1255 support and I think it will rebound up to 1.1300, 1.1410 – 1.1435. Go long with the target 1.137.
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Disliked{quote} 1295 is still well defended at the moment. {quote} Yep. The work for the top is mostly being done between 1283 & 1292 level. If the Bulls lose control of 1283 and can't get back above it, we may have to take another dip into demand around 1262 or a bit lower. The orders on the even number may evaporate quickly if we beat 95. First 83. {image}Ignored
Disliked{quote} Also 1.13 area been tested a couple of times already today, so most likely stops have been building above the figure and it looks like they might be targeted for execution eventually...Ignored
Disliked{quote} My high print was 1295 in Asia. We could punch through on this round. I'm expecting sellers to start coming in force around 1322, and around 1335/50 they'll bring out the big guns.Ignored
Disliked{quote} things are seldom how they appear. the pair seldom forgets where it set up to go. i would rather see 1297 reaction before 1266 is reached. {image}Ignored
Dislikedthis shows the orders lined up currently on Sept futures for EU, price is about 4 pips higher than the spot on your charts so the 1.1300 is around 1.1296 on your chart {image}Ignored
DislikedThe orders on the even number may evaporate quickly if we beat 95. First 83.Ignored
Disliked{quote} Huge like retracement before another move up or huge to take out 1.0808?Ignored