Now flat with big profit. The market probably won't see a long profitable move such as this one for a while now. But I still think overall EUR/USD moves lower. Therefore I will be watching for the next entry level.
Projection is 1.2850 based on the 4 chart pattern. Hope this helps.
Still short and still looking for lower levels overall. 1.2850 and 1.2700. Text book resistance at 1.3080 serves as stop level for late shorts. First attempts above this level (if seen) would sell off i.e., NFP.
Deeper in profit now. Will update again later today.
Nothing changes for me on moves higher. Remain outright negative until something changes and that has not happened. Current levels is a Fib region taken from bigger picture so some reaction expected but nothing major.
Could see some selling of dollars causing the euro to move higher. If not today, then Friday!
Remain negative. Would not want to work from the long side. See moves higher as sell.
Overall remain bearish. See moves higher as opportunity to add to shorts.
I am deep in profit on these short postions from 1.3270 region.
Moves higher likely to come under pressure. 10 day MA might attract today but the close tonight is very important for direction into next week. Short positions now showing good profit but am looking for much lower levels.
My view is that this is the top I have been looking for..Now back in profit.
1.3400 region has not clearly been taken out yet. 10 day MA at 1.3322 region = support. Holding above 1.3400 opens the way!
Looking for a Support levels now..Think Bunds move higher towards 145.00 in coming weeks.