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EU expectation

FX:EURUSD   Euro / U.S. Dollar
67 3 7
I expect one more bottom in 1.09 area like a show on the picture . No lower than that .

Also I expect good trade not earlier than the first days of september

The reason to write that is to make people pay a bit attention at the consolidation area .

The price will not go out of this area . EU will not fall . We can get only small trades in this area

Make sure to not go short from 1.09 area . Trade only longs short term opportunities , You maybe know that the prices go to the entries in the last moment , so dont expect too much from the shorts

good luck ,
Comment:
EU down is just second option , but while is on 1.10 , this option is on hold . when 1,10 become a resistance then , short

To clear that situation EU needs 3 weeks on 1.10 without crossing 1.10 at all .. For now we see 2 weeks , not enough , so patience 1 more week
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I am actually expecting a bounce from 1.0989-1.0909 to the upside
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stream emma2474u
i dont expect too much eu to go below 1.10 any more .. check weekly
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