Price has come to test this old demand zone. If it doesn't hold then move bearish momentum down towards 1.5000 and lower.
If DXY pushes above 94.50 some pairs will keep falling. Looking for bulls to come in above 1.6000 to push price to the next supply zone 1.1820-40 area.
Euro does have some medium to high news on Tues/Wed. Lets see what price does.
If DXY pushes above 94.50 some pairs will keep falling. Looking for bulls to come in above 1.6000 to push price to the next supply zone 1.1820-40 area.
Euro does have some medium to high news on Tues/Wed. Lets see what price does.
Comment:
possible bounce off trendline for a push up top. buyers are coming in the market in the demand zone.
Comment:
Price looks to be bouncing off demand zone. buyers are in market.
Looks also like a classic fake out to the bottom and pushing back up. low risk to enter now to the upside. DXY is falling . could not break 94.50
Looks also like a classic fake out to the bottom and pushing back up. low risk to enter now to the upside. DXY is falling . could not break 94.50
Comment:
buy stop triggered at 1.1550. looking to take price to previous highs
Comment:
stop out at breakeven.
