possible direction !!!
The eur enter in short up trend, this can go up to 1.14 because the volume are there but not above for the moment. Don't forget to put your position to BE for safety :) !!!
Still looking to sell !!
Stop loss above the Kumo !!
Next possible target 1.07200
I thing bears is in control for now but we need to see the price reaction at the S and R limite befor the jump !!! Short is the way if price rebound on R or if the S is break.
Strong resistance is there, a lot of bullish force is needed to break it so the rejection is also an option.
I thing the sellers is there but they Will enter at a price around 18100. So expect back UP first !
At the break take the profit !!
The sellers is back so lets see if they can drive the price.
We wait to see !!
Lets go and sell to lower price !!
We need to wait for few days before acting, but look out also the DOW move.
I watching for 2 scenarios on this pair. First target is 1.22 and backup or strong bears will go to 1.20 as second target. For the moment the momuntum is heading south.
The are looking for a break to the down side so just wait and see to enter :-)