Kumowizard

EURUSD - No lower low, no valid bearish Kumo breakout yet

FX:EURUSD   Euro / U.S. Dollar
11
I don't say it is bullish, Ichimoku setup clearly has a bearish bias. I do not say buy EURUSD. But without breaking the previous key horizontal resistance, so without a lower low, the bearish breakout is not valid.

Looking at Heikin Ashi setup, I think we may see some consolidation or pull back to 1,10-1,11 area. That would also push Ichimoku setup back to neutral

I am not involved in any EURUSD position. For me it is still a coin toss, no real momentum. I rather start to short NAS100 with 0,5 trade unit for a short term pull back trade. I also sold small USDJPY.

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