CapMoore

Price Testing Kumo Cloud Support

FX:EURUSD   Euro/U.S. Dollar
64 0 1
Price has retreated to the Kumocloud to test it
as support, which I outlined in a previous post.
1,1070. Below that stands the yet untraded
Monthly pivot point . A close below that level,
1,10, shifts focus short term towards a test of
the lower kumocloud. Reversal candles on the
intraday timeframes can be used to taking the
long position, with initial target around 1,15 and
the Monthly R1.
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