Status: A mad man..
Hello guys, I won't be looking at this pair for now; my take is that it could swing either way from here and price action at the moment is too low for me to put a wager on either side.
As I mentioned just now, the market sentiment of risk-on or risk-off also plays a role in EUR/USD moving north or south and what I see now is that yen pairs are trying hard to rally. This should lend EUR/USD bulls some strength but as to if it will follow true, I am unsure.
Technicals-wise, we have arrived at bears zone and it has (eventually) gotten the 1.1150 that I was looking for (although I tp-ed at 1.1152).
Since this thread is only for EUR/USD (gotta respect Ata), so I will take a short hiatus until I'm looking at this pair again.