EURUSD only

While H1 candles open above 1.0732 bulls have full control! No selling!

we are unable to cross 0740. Under 0740 we might go back down

Good morning, I hope all is well with you. The bears might be trying on 5M, and it will be helpful if the 1H candle closes bearish. 5M, and 1H charts;

I'm not sure how you count your pips, but i'll just show you on the chart below, I'm up 24pips so far as far as I know.

As long as we are above D1: 1.0721, bulls will not give up trying to break above 1.0766 area.... Let's see...

Could be a quiet one with the US holiday, may just sit it out.

Dollar trickling along since the rinsing yesterday. Could do with some more participation here, crazier the better.

I'll be keeping an eye out for low resistance moves today I think - atm that's looking like an EU run towards SSL but needs sponsorship from a $ rally heading to buyside. Both have H4 imbalance support at least.

If You Are Looking For Value Short Positions, This is a place of interest....

Looking for a short here to 1.07280, possibly 1.07250

Selling pressure on the STF Dollar is just too intense, I'm exiting at BE, will rejoin the action in the afternoon. Tough start to the week.

Sure its a Bank holiday, but theres really small movements to the high. I'm still holding and protected my BUY Order.

SAME plan for me

Go Bears
Would it be crazy to see 1.07320?
I was counting the price waves and yesterday was wave 5.
The price did wave 'A' and 'B' AND NOW IT IS INDICATING 'C'
And this 'C' wave would already be the first wave of a new trend.
I'm still learning to understand elliot waves, so I hope I'm correct. haha
The price held at 1.07530 as it is a 78% Fibonacci region and also the neutral zone (which serves as support/resistance) of the upward channel.

If I get liquidated, goodbye market for today.

Meanwhile, on H4...

The road to 1.0780-ish levels is weakening bulls, but they are still intact.. Nearest support sits around 1.0734...

To confirm the new trend, it would need to close below 1.07240, right?? I don't know if the price would have that much strength to move 30pip's...
I may be naive.