I would not be suprised to see the current weekly candle close above 1.1820.
Bull trend to restart? ...
What is your opinion???
We should soon know where is the flow!
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Weekly candle has closed just under 1.1820. But EURUSD is now at the border of the Neutral trend Zone (1.1750 --> 1.1650) Lack of interest in EUR at the moment!
Intraday long trades still have the best probability (stop @1.1625)
Be careful and look at the daily Chart! The Major Trendline is broken , RSI Divergence and a Head an Shoulders Pattern! A Retracement up to 1.1835 today , maybe Monday we will see 1.1890 but i think at 1.1890 it will turn down
where-is-the-flow
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@felicio.dylan, Thanks! I'm short term trader (mostly intraday) so 1.1890 by monday is fine with me! :-) Cheers!