EURUSD only

1. On first image you can see my weekly S/R levels.. What you must see here is that we are in bullish territory while price is above 1.1763... Please keep also in mind that the weakness of 1.1822 support can provide early warnings for us that bears are kicking in!
2. 1.1865 is my nearest resistance and I still anticipate that bulls will try to retest it. Will it break? Well, nobody knows yet but based on my gut feeling I would say %60 to 70% possible.. (Unless the bearish wedge you will read about on my H1 chart breaks and creates an early drop to retest the lower edges of my H1 bull flag first.)
3. If bulls win, the next nearest target would be a retest of 1.1918! That level is highly crucial and can decide the faith for this pair for upcoming weeks and even months.
4. Overall, please notice that the weekly chart is actually forming a bearish wedge!

DAILY

1. On this time frame bulls will remember how stubborn the 1.1825 resistance level has acted last week. But new week will start above this level (assuming there will be no negative gap). If that's the case then bullish bias continues on this time frame as well and next mission for bulls is to at least climb above 1.1843! (Because based on Weekly and H1 bulls actually need a good push to break 1.1855/76 zone all together for major breakout to the upside. Not an easy task!)
2. Please notice that candles already have broken out of the core pitchfork channel at 1.1760 which again confirms that 1.1760/65 area is truly the main support on both the weekly and the daily.
3. For bears, nearest support on this time frame sits at 1.1776..

H4

1. On this time frame we have my bearish Cypher waiting to be completed around 1.1877 max. If that pattern kicks in then we could go lower for a retest to fib 61.8 levels roughly towards 1.1782.. But that drop is still not enough to break main support sitting at 1.1763/76.. So don't get too much addicted to the idea that this pair will face a crash.. Nothing signals such thing for now! Beware!
2. Once market opens 1.1823 is nearest support here and bulls will probably try to reach and climb above 1.1840 area.. Time will tell..

H1

1. Finally a few words for my favorite chart, the H1.. Here I intentionally used 3 major colors. I will quickly break them down for you so you know what to focus on! Because focusing on what's really going on is key!
2. RED Lines: Here you can notice the bearish wedge. Currently 1.1825 is the critical lower edge and as long as that edge supports bulls don't need to worry. Bulls will probably attack its upper edge currently at 1.1844 area..
3. MAROON Lines: This is an inner bearish flag inside the bullish flag and can play an important role for bears together with the bearish wedge especially if 1.1855 area resists. We must watch what happens around the edges of this flag! Any sudden drop could still find support around 1.1807 which is the median line of this flag together with the median line of bullish flag roughly at 1.1790! To be honest, these are the main areas which give me confidence to stay bullish.
4. BLUE Lines: This is the main flag which currently gives bulls hope and support. Since it is a flag there is always the chance that price could go to retest its lower edge: 1.1706 area, BUT as you can see, with the help of common sense such a scenario requires some major news event that triggers sudden and enormous bear power.. I believe that market would give us early signs way before price even nears 1.1790 area so we can switch to bearish once necessary.. The break of the upper edge: 1.1865 of this channel could open the road to higher highs for this pair.

So.. that's it folks.. Here you have an idea now for the new week.. I hope it helps.. Cheers

Stay Green