Sforex

EURUSD: What should we do next post ECB Meeting ?

FX:EURUSD   Euro Fx/U.S. Dollar
334 0 3
Oil             resistance now becomes new support at 1.0820

Very strong resistance is at 1.1100

Payrolls tomorrow, I bet on negative data means support to Euro             .

1.1100 is also :

- SMA200
-SMA100
- Kumo cloud.

So this is indeed a resistance which could capture EURUSD             at there.

Mood is BUY EURUSD             , but we need find a better point to entry.

I think EURUSD             should test 1.1100 first, then a SHORT covers market ,that is the point I want to BUY EURUSD             .
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