DislikedOn the Daily chart for me EURUSD should hold above 1.0200/58 fibo zone and Sep's high. If not then 1.0120 or 1.0008 are posible. I also watch the steep trendline and the upper side of the channel, a close below is bearish and a bounce at them should give a bullish signal. Also the 100 and 200 DMA's can offer some range trading if we don't take a close above/below. The upper trendline the blue arrow targets above 1.0481 is from the weekly chart I shared some post above. The pips that EU can travel the next week are 145 and a more riskier day to achieve...Ignored
The volatility for today has already traveled at the Asian session (66 pips) and its hard to imagine more drop because there is nothing that can move it significant at the calendar but I am sure it can rise inside the week.
I want to see a bullish close at 1 hour above 1.0271 but I also watch at the 15 min chart the 1.0288 decision point.
The bears can target 1.0200 first.
Good luck!
15 min chart
Looking for profitable short term trades ...|