I am buying the EU as per the chart. Daily/4H is making it's correction to see 1.50. 1h/30M is consolidating. Price should hint us with bears and it will find it's confluence in 1.67 level making end of the day near-term trend bias to bullish.
Just my two cents!
BUY GJ as per the chart. Dont ask me why. I know it. hahah !
Considering the price from weekly to daily are making it's rejection to bears. and bulls are waking up ( i guess its temporary of course. cannot tell you unless we move move to these levels.)
Much potential buy trade. It may correct before the actual buy stop. Keep looking.
I am buying the EU. 1HR candle is clearly supporting the buyers. 1.67 would be my first TP. Not sure about TP2 hence bears are full control. Overall trend remain bearish up to 1.500 which would be very much feasible at this point.
Just my two cents
I see a re test to 135.60 which is a confluence area. if the price break 135.6 then we can hope for a bullish move again.
Price may reject from the said zone to previous low which is 134.6 and further down.
Cheers to all !
Enjoy the weekend.
In my opinion we are looking at a strong bearish week ahead. targeting 134 for the time being. Strong Trend reversal candle formation. JPY will dominate unless a miracle happens in Brexit voting.
Two possible re test /BUY opportunities are placed as per the chart. Which can even today. hence 140-142 always been in one 4H candle is the past. history may/can repeat. Wait for a confirmation on a small time frame.
Just my two cents.
There are more possibilities to break for bull trend up to 140.800 than breaking the bottom trend line. If the price break below, we might see 139 testing again.
However i would wait for a confirmation to buy. I will remain Neutral