Expect lots of volatility next days in the defined ranges, as weekly camarilla range is pretty wide. Price is likely to bottom at Yearly S1 - 08784. But before it goes there, there is great probability of its return to last week's close - quarterly pivot (retest), as now we hit very strong monthly support - I would not short at this level anymore. Look for short at last week's close. EURUSD is in bear market - below yearly pivot and below quarterly pivots. This is no financial advise.
Trade closed: target reached:
My long target was a few pips below daily pivot (18.03)...It was hit last night to the pip, 3-4 pips higher price reversed and as I predicted went down to yearly S1.
Trade closed: target reached