As we edge on the EUR/USD has created the perfect setup for a buy at the 1.09033 for a weekly swing take profit at the 1.10861 Level this is a weekly swing retrace that will take place before a major bearish drop to the down side
Today the market reached a heavy resistance point at the 1.09849 level being simply a retrace of the previous 1.09994 high to as it is expected to reach the support level of 1.09033 as predicted earlier in the week from here is when we will find the end of higher time frame consolidation that has taken place the whole beginning of January breaking the fore mentioned resistance areas and finally reaching the previous higher resistance level of 1.10861 found late last year
Today the market reached a heavy resistance point at the 1.09849 level being simply a retrace of the previous 1.09994 high to as it is expected to reach the support level of 1.09033 as predicted earlier in the week from here is when we will find the end of higher time frame consolidation that has taken place the whole beginning of January breaking the fore mentioned resistance areas and finally reaching the previous higher resistance level of 1.10861 found late last year