The price has reached the zone where I expected it to arrive. Looks like its a high volume bottom. Divergence on H4, Daily CCI. WPR has bottomed out. If the price leaves this zone with high volume, I am going long. I'm bullish on EU at the moment for the rest of the week. My first target 1.3974. Then have to see what the market is saying.
DislikedThere has been a lot of activity around 1.3680 level and that was the recent monthly low. I'm thinking that the price will go up a few pips to around 1.381 and then come down to test the previous months low and high activity zone of ~1.3680. From there we will have to see what the indicators are saying but I'm thinking it will go back up to test the previous high around 1.3960. I am bearish on EU at the moment for this week, meaning I am looking to short once price hits 1.381. {image}Ignored
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