EURUSD is bearish on daily, weekly, monthly timeframe, with 5 days of down candle. But with sell slowing down, looking for a pullback.
My blue zone for low risk buy/sell is at 1.1634-40. Admittedly my post came late and we had moved up. Immediate resistance is at 1.1656, 1.1672, 1.1690. 1.1712-22 is a resistance zone and should cap high of day.
In the event 1.1634 does not hold, 1.1624, 1.16060, 1.1590, 1.1560-70 are the support/short targets. 1.15020 is very far out. In the unlikely event this level trade today, it will offer a low risk buy level.
My blue zone for low risk buy/sell is at 1.1634-40. Admittedly my post came late and we had moved up. Immediate resistance is at 1.1656, 1.1672, 1.1690. 1.1712-22 is a resistance zone and should cap high of day.
In the event 1.1634 does not hold, 1.1624, 1.16060, 1.1590, 1.1560-70 are the support/short targets. 1.15020 is very far out. In the unlikely event this level trade today, it will offer a low risk buy level.
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