Disliked{quote} Probably a close below 1.0865, a close below 200 sma also will reinforce this view, then the level at 1.0690 will be in target mode. {image}Ignored
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Disliked{quote} Probably a close below 1.0865, a close below 200 sma also will reinforce this view, then the level at 1.0690 will be in target mode. {image}Ignored
DislikedIt sounds like the EU was really caught between a rock and a hard place today, with Lagarde's comments about rate cuts being premature and the stronger than expected US GDP release both contributing to the currency's weakness. It's not surprising that the EURUSD is struggling to find support at lower levels near the 1.0800 mark. However, there might be some support at these levels until the US PCE release tomorrow. This could definitely be a make or break moment for the EU's consolidation pattern, so I will be keeping a close eye on the data. ...Ignored
Disliked{quote} Reloaded and ready. This trade has the potential to take out the highs at 1.12, hence R:R is great. A serious bounce tomorrow with a new low or not would be a good start.Ignored
Disliked{quote} So, let's see how this goes from here... for that thousand configuration that I mentioned these days, for the mirror formation of the day in start to gap and objective reaching the W1 inverted head, the price tends to hold at this support. because if not, the mirror is broken.Ignored
Disliked{quote} It's going to take monitoring and potentially some pain. If this level breaks then we are looking at 1.0735 but with a bounce from 1.0790 first.Ignored
Disliked{quote} It's going to take monitoring and potentially some pain. If this level breaks then we are looking at 1.0735 but with a bounce from 1.0790 first.Ignored
Disliked{quote} I hope we will not go that low today or tomorrow. I'm just monitoring if euro can close above the daily 200sma, but the euro looks too weak. If this daily close below 200 sma then maybe tomorrow we will see that numbers.Ignored
Disliked{quote} Fueled up and back on the runway, all that's left to do is take off... Let's see what the flight plan is!Ignored