consistentPlay79005

consistentPlay79005 Updated 

Yesterday has seen the extension of Friday's NFP rally, since the 1-day candlestick failed to climb to the upper band and resisted by the moving average, it's possible the we see strong USD today along with the economic forecast. Let me know what you think in the comments please

consistentPlay79005 Updated 

Eur/USD Bullish trend that started Friday morning is exhausted, RSI is oversold at very low 5% Fibo retracement suggests pullback to 50% @ 1.21466 where previous support is located and shall test the moving average for more supply if continuation is likely

consistentPlay79005

Expected fall to 1.2060 zone where the weekly dynamic support lies, by then an opportunity to extend higher as the bullish flag completes laying the ground for further weekly uptrend continuation

consistentPlay79005 Updated 

Wednesday's New York session showed where all the USD supply was hiding, it was found on a lower high level at (1.22181) , Since the Euro economic reports are not as shining the USD gained some of it's strength and pushing the daily candlestick to the lower band once again. More importantly, this lower high level revealed the new channel formation, which will...