The long term vision is very bearish here if you see this.
Key level support is the only thing I see that may tell that a short-time reversal may occur. Most overall indications are still bearish on all the time frames. Last news is old news and is bad news because of the Brexit. Recession fear in all cases of a Brexit.
I divided the current situation into three boxes. The middle box is neutral. If the price breaks above and can stabilize in the upper box, then that is somewhat of a small indication or a first step to see eurusd rise further this week. On the contrary, if the price breaks and stabilizes in the lower box, that is a small indication that the market remains weak...
Waiting for the break of the trend line.
I see in my Daily stochastics analyse a perfect signal for a trend continuation. I can't explain this all here and how I use this multiple stochastics. Looking to the lower time frames I see a possible change of direction but based on my Daily analysis I think this will be just a correction before the next rise. Based on previous structure, support and resistance....
In general european economy and politics are not good... Looking to the French crisis. I think this will put the euro further under preassure This is not trade advice
Based on my expectations This is not trade advice