MONTHLY: hl -> hh to test monthly resistance @ the 1351.00-1356.00
WEEKLY: Shooting star rejection of 23.6 fib, upward momentum
DAILY: Bullish engulfing of prev. 3 days of candles
4HR: Pinbar and low volume as well as MACD shift incoming to...
EU has just completed an impulse wave. In the process respecting the 51.8 Fibonacci level from the previous swing high to low (Aug. 14th - Sept. 20)
The MACD shows a shift towards the downside in momentum on the 4HR and Daily charts. ( EU Bears get a turn to show their stuff )
If the 1.548 is broken the nearest turn to the downside will be at the 1.46