EURUSD balance last weeks between 1.29 and 1.35 but last friday break and more important close above 1.3536.
Hold and close weekly above 1.3536 bullish, but if close weekly below 1.3536 change beas to bearish.
Suprise suprise today ( monday) fill and hold 1.3536 ema200 and run to break last week highs.
Check chart possible pattern again. Balance indicador and move higher still valid.
Weekly close above 1.3536 possible will test [1.3720,1.3750] possible extension 1.39 (nothing new here follow last thought).
Important: remember first week 2011 suport 1.3050 market close weekly below and 2ª week reversal again. Now can be the same but with resistance 1.3536, so sellers need to close this week below 1.3536.
If close below 1.3536 can call friday close and monday action, false breakout if not more upside coming and new test trendline is possible.
Important: remember first week 2011 suport 1.3050 market close weekly below and 2ª week reversal again. Now can be the same but with resistance 1.3536, so sellers need to close this week below 1.3536.
If close below 1.3536 can call friday close and monday action, false breakout if not more upside coming and new test trendline is possible.
Click to zoom in. Good Luck folks and have a great week.
No comments:
Post a Comment
Welcom!!