EU is currently hovering around the 1.13375 area. Potential right shoulder forming which lines up with the golden pocket area of the Fibonacci
Sell bias on this pair, if we get a nice rejection to form the right shoulder, we will have a lovely entry for a short.
If we get a push down to break the neckline and ascending trendline, there could be opportunities for further entries.
Still looking quite bullish on the higher timeframes, so we may not get the break we want. One to monitor this week.
Sell bias on this pair, if we get a nice rejection to form the right shoulder, we will have a lovely entry for a short.
If we get a push down to break the neckline and ascending trendline, there could be opportunities for further entries.
Still looking quite bullish on the higher timeframes, so we may not get the break we want. One to monitor this week.