TradingView
AlpacaBlack
Jul 5, 2019 5:20 PM

Fiber crossroads late Friday thoughts 

Euro Fx/U.S. DollarFXCM

Description

So, NFP above expectations and fiber break thru main trchn support at 1.1249. From tech point of view we have plan B activated with main resistance at 1.1249-60 and tgt at year lows...
Beware wicked witch (aka D.T.) he can change everything in a moment... :))) Anyway, untill we stay under 1.1249 it is bearish, if bulls regain this lvl imho it is extra bullish time again with tgt much higher.
TTFN.
Comments
AlpacaBlack
AlpacaBlack
@LamaBlack, oversold imho, but no luck for fiber at all still... I expect it to bounce someday, but only with the help of Mr. P. - wanna see it higher and other lower, aka King of the Pond.
AlpacaBlack
@LamaBlack, in case of some verbal action it is still 1.1420 as the best tgt? lol
AlpacaBlack
@LamaBlack, 1.1436 sorry... :)))
AlpacaBlack
@LamaBlack,
res 1.1219/1.1237/1.1263
supp 1.1297/1.1286
AlpacaBlack
Some oversell situation for gp imho... In fact we will see back to 1.1249-60 anyway? Watch PA then for futher direction.
More