hi folks,
monthly preview EURUSD is mixed with a short signal towards 1.2364 as a first target, stops right above 1.4940 and long signal still in play as long as we are above 1.2873... its gonna be a real tough battle... all depends on the upcoming monthly candles... i expect consolidation above the 1.2873 level and signs of divergence for the shorts or the longs before any further move... if i had the yearly chart probably it will give a hint of who will win
weekly preview is heading towards 1.2930 as a first target, everything is possible depending on the closing of the upcoming weekly candles, same stop at 1.4940
daily preview, we are hanging on the 2nd target line of the last most significant daily trend and signal... might go anywhere from here with stops at 1.4148...
so overall its going to be mixed for a while for this pair and i dont think its the right time to trade it because we might go anywhere
just my opinion
monthly preview EURUSD is mixed with a short signal towards 1.2364 as a first target, stops right above 1.4940 and long signal still in play as long as we are above 1.2873... its gonna be a real tough battle... all depends on the upcoming monthly candles... i expect consolidation above the 1.2873 level and signs of divergence for the shorts or the longs before any further move... if i had the yearly chart probably it will give a hint of who will win
weekly preview is heading towards 1.2930 as a first target, everything is possible depending on the closing of the upcoming weekly candles, same stop at 1.4940
daily preview, we are hanging on the 2nd target line of the last most significant daily trend and signal... might go anywhere from here with stops at 1.4148...
so overall its going to be mixed for a while for this pair and i dont think its the right time to trade it because we might go anywhere
just my opinion
When life gives you lemons, make lemonade