CapMoore

Price Stalling By The Monthly Pivot Point

FX:EURUSD   Euro Fx/U.S. Dollar
129 0 0
Price cleared the channel top with an impulsive move
and is now stalling by the confluence resistance at 1,15
(Yearly S1 & Monthly PP.) Since this is strong resistance
we might see a pause here until NFP release on friday.
Either way, the ultimate target of a rally has to be Monthly R1
since R1 should hold a retracement on higher timeframe
in a bearish trend .

Resistance:
Weekly R2 1,1590
Daily Kijun Sen /Fibo 1,1640/1,1660
Weekly R3/SMA200 1,1760-90
Monthly R1 1,1884

Support
Weekly R1/Daily PP 1,1440
Kijun Sen/Kumocloud 1,1385-95
Trendline
Weekly PP 1, 1305            
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out