CapMoore

Price Trapped Between Kijun line and Weekly Pivot Point

FX:EURUSD   Euro / U.S. Dollar
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Price is trapped between Kijun (white line) and the
Weekly pivot point . If price close below 1,1315 we might
see a drop to HS at 1,1277 or Daily S1 at 1,1260. A close
above the Kijun line will expose the 61,8 fib of recent swing
down and Daily R1/Yearly S1 and Monthly S3 confluence
at 1,1455-60. It's a good shorting level so we might se a
bounce from that level.
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