EURUSD HOLDING FIRMLY BELOW 1.1450 KEY LEVEL WITH A WEEKLY FAKOUT BEAR RALLY TO DAILY SUPPORT 1.11250
A RECENT BULL NFP RALLY CAME TO A SUDDEN HALT ONCE MORE AROUND 1.1350-1.1370 AND A 61.8% PINAND YET AGAIN BELOW 1.1450 BEING REJECTED
PRICE RECENTLY BROKE THROUGH THE 50 EMA AND PIVOT SUPPORT; PULLBACK TO WAIT FOR A SHORT ENTRY IN THAT CASE A 2.5:1 RISK REWARD TO WEEKLY SUPPORT AT 1.1000 WOULD BE A GOOD IDEA!
A RECENT BULL NFP RALLY CAME TO A SUDDEN HALT ONCE MORE AROUND 1.1350-1.1370 AND A 61.8% PINAND YET AGAIN BELOW 1.1450 BEING REJECTED
PRICE RECENTLY BROKE THROUGH THE 50 EMA AND PIVOT SUPPORT; PULLBACK TO WAIT FOR A SHORT ENTRY IN THAT CASE A 2.5:1 RISK REWARD TO WEEKLY SUPPORT AT 1.1000 WOULD BE A GOOD IDEA!