TradingThePhi

EURUSD Daily idea (futures)

CME_MINI:M6E1!   E-MICRO EUR/USD
39 0 2
Remember this is 6E which is the futures of EURUSD             , so price levels can be slightly different.

7/31/16
I am still bearish EU weekly and want to see 1.03, but I suspect 1.17-1.19 may come first. We appear to be a large weekly abc which clearly breaks down into daily, 4hr, and 1hr WXY cycles. Under 1.09 would cause me to reevaluate the idea.

weekly - bearish
daily - bullish
4hr - bullish
Comment: Idea working very well.... updated chart

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