Daily GJ perspective
Base on my charts, I see a retracement to the 38.2% 139.00 zone to 50% 141.00 zone before a reversal for a sell..
A break back above Tuesday’s high will mark an end to a series of 9 consecutive daily lower highs, and should also mark an end to a series of 9 consecutive negative closes, pending a positive close on Wednesday
I posted in the past the retracement is due for GJ and GU because of touch a 61.8% of the 1.48 zone psychological support .
Trade your charts..
The bias from the fundamentals look somewhat positive from the eurozone..If the rally happen today, it can be from the GU or EU.
The break of the daily high 133.80 will confirm the rally..
Base on my charts, I see a retracement to the 38.2% 139.00 zone to 50% 141.00 zone before a reversal for a sell..
A break back above Tuesday’s high will mark an end to a series of 9 consecutive daily lower highs, and should also mark an end to a series of 9 consecutive negative closes, pending a positive close on Wednesday
I posted in the past the retracement is due for GJ and GU because of touch a 61.8% of the 1.48 zone psychological support .
Trade your charts..
The bias from the fundamentals look somewhat positive from the eurozone..If the rally happen today, it can be from the GU or EU.
The break of the daily high 133.80 will confirm the rally..
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