christian.langfors

EUR/USD PRICE ACTION GUESSTIMATE FOR 8.5.2017

FX:EURUSD   Euro / U.S. Dollar
7
Open today is a big ?; opened higher followed by 3 big 1H red candles, although Macron won the French elections. EUR seems to still want higher prices, therefore guessing on a test of ~1,1040-ish.

The blue & red arrows are veeery much speculative right now, although more or less based on the fact that statistically EUR should put in a red day as soon as tomorrow.

EUR/USD 14 days > DMA20 (not a new record but probabilities....)
Comment:
Heads up if 1,095 is taken out!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.