HTF Chart of EURUSD:
Support: 0.92, 0.97
Resistance: 1.01, 1.046 and 1.08
Below bounce box, we are going to see 2000's lows, around 0.80. As long as the box holds, we are fine. On the way up, 1.046 looks like biggest resistance.
For now, targets are: 0.92 and 0.94. Watch the RSI breakout for any confirmation of upside.
Will update when we reach them.
Support: 0.92, 0.97
Resistance: 1.01, 1.046 and 1.08
Below bounce box, we are going to see 2000's lows, around 0.80. As long as the box holds, we are fine. On the way up, 1.046 looks like biggest resistance.
For now, targets are: 0.92 and 0.94. Watch the RSI breakout for any confirmation of upside.
Will update when we reach them.