***Overall Monthly Technical Analysis Strong Buy*** ***Overall Daily Sell Pivot Point @ (R1) 1.1308 (R2) 1.1308*** *** SMA 200 Buy signal to watch Is 1.1095 Long potential *** Condition of markets the previous week, the general sentiment is Sell. but like I said last week dont count the Bulls out.. Keep an eye on Critical Zone areas..
Waiting on 3 to 4 Bullish candles above descending trend line
Overall Bullish, But waiting on my confirmation Touches....??
Looking for a break below the 38% retracment level before Short position. 1.11250. Possible continuation to the downside but further confirmation is needed before entry. Dollar Index has increase strength for the time being. Big day for the Friday Dollar Index. Lets see
A close above 1.12800 Will be significant for Eur to stay Bullish. Slight pullback needs to be considered. Dollar Index weak. I will only short this pair if it drops below my uptrend trade line.
0.38% retracement support zone 110.150 if it holds. Potential upswing for 40+ pips before critical downside. Possible bullish uptrend to the 111.00 handle. Still room for concern to the the downside. trade with care. Only take a position if a strong bullish candle appears.
Looking to go long.. Next week move will confirm..