Looking to buy above 1.0913( 1.0913 and 1.0919 support levels) with target 1.0948, 1.0958 and 1.0967 in extantion
Break below 1.0913 look for 1.0907-1.0903 support and 1.0890 level in extantion.
Looking to short around 1.1030- 36 SL above 1.1044 with potential targets 1.1006, then 1.0990 and 1.0975 in extantion
Above 1.1044 look for 1.1058 and 1.1068
Short position below 1.10466 and 1.10533 with target 1.1020/15. SL above 1.1055. Above 1.1055 look for 1.1068 (Yesterday's high) and 1.1085 in extantion (09.05 high). SL 1.1045.
Most likely the pair will consolidate between 1.1015 and 1.1085 ahead of Thursday's ECB meeting.
Looking To Long around 1.1140 with Stop below 1.1130(May 11th. Low) with Targets 1.1210- 1.1225- 1.1240( This also are short opportunities for target 1.1080 38% fib 1.0460- 1.1465) see my previous chart May 15th.
EUR/USD breaks major resistance 1.1390, jump till 1.1530 cannot be ruled out
EUR/USD has broken major support 1.1390 and this confirms short term trend reversal, a jump till 1.1530 cannot be ruled out.
Intraday minor support is around 1.1385 (resistance turned into support) and any break below will drag the pair further down till 1.1350.
On the upside...
Short 1.1275 Stop 1.1290 Target 1.1160. I do not belive 1.1288 (last friday NFP's high) to be broken before tomorrow US Retail Sales(if they are worst then expected, then yes we can see retest in 1.1400 area). Good luck to all.
Details here: tradingviews.weebly.com
I'm looking for a test in the resistance zone (1.1260- 1.1290) since this zone was support for EURUSD for over a month (26.1- 26.2) Now this should act as a resistance. My Idea is to sell at 1.1285 stop above 1.1300 with target 1.1080 and 1.1000
I'm looking for a pop up to 1.1240-60 area after FOMC for short opportunite target 1.1052. I think FED will not be as dovish as markets are expecting. Any comments are welcomed!
