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Sep 21, 2017 9:49 AM

EURUSD 12092 IN CONSOLIDATION 

Euro Fx/U.S. DollarFXCM

Description

EURUSD HAS COMPLETED EITHER A CYPHER OR A DOUBLE AB=CD FROM 12092-11837-12034.

IT HAS ALSO CONSOLIDATED THE 11837-12034 TO 11862, THESE ARE ALL CONSOLIDATIONS/CORRECTIONS
UPSIDE RESISTANCE 11965-12000, BREAK BELOW 11837-11820(11800)= 11750-11710

BREAK BELOW 11710 WILL RETEST 11660.
BREAK BELOW 11600= 11610-11560.
BREAK BELOW 11560= 11420-11380.
WILL EURUSD GET TO 11420-11380 POSSIBLE HOWEVER NOT PROBABLE AS SUPPORT ABOVE 11610-11560.

ONLY BREAK BELOW 11660= 11610-11560 PROBABLE REVERSAL TO THE UPSIDE.

MULTIPLE PATTERNS FROM 11660-12092.


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