EuroMotif

EURUSD topped as expected, now retrace: EU supports to watch

EuroMotif Mod Updated   
FX:EURUSD   Euro / U.S. Dollar
Part of my ongoing analysis of EUR.USD (see links below).

EU ran up hard and strong based on Dollar weakness.
It had peaked already and was consolidating/deciding.
Weekend news was US/China truce, and bad China PMI.

1.13109/143 is expected minimum retrace.
1.12913/949 very possible if no further news.
1.12833/835 is a narrow but strong support zone.

My previous EUR.USD analysis:
1.141 short call (exact top last week)
1.118 long call (scalp that ran hard)
1.113 short call (perfect top, huge profits)
1.240 trend change (called the top a year ago)
1.070 final target (steadily heading there)




See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

USD.CAD short call (perfect entry, huge profits)
GBP.USD dip Call (just in time, quick 70 pips)
DXY toping call (Upthrust warning just in time)
SPX recent top (Fib extensions at work)
USD.JPY short to long (recent perfect entries)
AUD.USD long term Short (almost at a long term target now)
XAU.USD top call (exact top of parabolic move)
XAU.USD long call (caught most of the spike)
XAU.USD bounce call (perfect entry, huge profits)
XAU.USD long to short (recent perfect entries)
Silver Bounce scalp (Perfect entry, still in play)
Copper Bounce call (Prefect entry, almost done)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Comment:
Secondary target hit
Comment:
Zoomed in, looks like it might still try to tap the red 5.618 before bouncing again
.

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