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BullBearMkt
Jan 11, 2020 11:58 PM

Fiber Sentiments Turns Bullish On H4 But Daily Still Bearish Long

Euro Fx/U.S. DollarFXCM

Description

As an update to our Jan 5 post on EURUSD titled "EURUSD-Likely-To-Find-Buffer-At-1-10977", actually, the currency pair actually found the buffer at that level. Now the H4 sentiments has turned bullish while Daily is still bearish. As a result, we are expecting price to re-test the low at 1.10817 EXCEPT the US/Canada/Ukraine vs Iran is escalated - in that case, EUR might continue to go higher without re-testing the low

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades


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