[EUR/USD] Possibilities for the next two days
![[EUR/USD] Clear 1.15 rejection; possible long opportunity](https://s3.tradingview.com/c/chChhKGc_big.png)
My outlook from yesterday is still valid, and this are the possible scenario's for now:
> Price will test the 1.16 area in the EU session, drop or continue higher.
> In case of continuation, price will aim for 16.4/16.5 area and test this in the US session.
> In case of rejection, price will fall down again towards 1.15 level and test that again later.
Comment:
Price now perfecty testing and respecting the 1.16400 level. This is the first sign of a move down, aiming for 16.00/15.80 area.
If not, you should look for a second test of the 16.40 area
Price now perfecty testing and respecting the 1.16400 level. This is the first sign of a move down, aiming for 16.00/15.80 area.
If not, you should look for a second test of the 16.40 area
Trade closed: target reached:
Not perfectly accurate, but setup was correct and valid.
Not perfectly accurate, but setup was correct and valid.
There is some RSI confluence on the lower timeframe, a little bit earlier than expected.
Let's see what price will do in the first hours of US session