H1 has provided a classical strong bearish signal around noon GMT with Tenkan Kijun Cross (TKx) below Kumo and Chikou confirmation.
Current span is around 70pips. Stop currently around 2560 (above Kijun sen)
Around 25198 lies support from Daily Kijun Sen. D1 is still weak bullish before adding to long position a clear sign of support is required.
Only above 25740 might open the way for another bullish leg.
Levels of last chart were not too far off and I added a few down to 2440 which coincides with ascending TL
Watch out for Thursdays tentative Spanish bond yields, ECB conference and US data.
Current span is around 70pips. Stop currently around 2560 (above Kijun sen)
Around 25198 lies support from Daily Kijun Sen. D1 is still weak bullish before adding to long position a clear sign of support is required.
Only above 25740 might open the way for another bullish leg.
Levels of last chart were not too far off and I added a few down to 2440 which coincides with ascending TL
Watch out for Thursdays tentative Spanish bond yields, ECB conference and US data.