In addition to my last chart:
--- With no close above 1.1780, I continue to see moderate weakness that could extend to the beginning of the second week of September.
In the case on September 6th, I'm looking for a long entry.
--- Confirmation for rising prices would be a clear bullish cross between EMA 5 & MA 20 on a daily basis. Pay attention to it!
Break & Close below 1.16 would cancel this set up.
--- With no close above 1.1780, I continue to see moderate weakness that could extend to the beginning of the second week of September.
In the case on September 6th, I'm looking for a long entry.
--- Confirmation for rising prices would be a clear bullish cross between EMA 5 & MA 20 on a daily basis. Pay attention to it!
Break & Close below 1.16 would cancel this set up.
Comment:
