88.50 TO 88.0 IS THE LAST POINT FOR PRICE TO GRAB HOLD AND REVERSE TO THE UPSIDE.
Comment:
Sorry, must correct myself- EUR gaining against the USD would be a CON, not a PRO. Placed that in the wrong list on the screen shot above.
EURUSD seems to of stalled at the 1.25000 level on the weekly chart. May get price catching its breath and retracing down to the 1.2200o level. The 1.21000 level coincides with the .382 fib retrace on the weekly chart. This would then turn into a PRO for the USD to move higher and see that bounce for the DXY off my 88.50 level i have previously posted.
Please feel free to post comments and let me know of other indicators and indices that support or discount my current bias.
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EURUSD seems to of stalled at the 1.25000 level on the weekly chart. May get price catching its breath and retracing down to the 1.2200o level. The 1.21000 level coincides with the .382 fib retrace on the weekly chart. This would then turn into a PRO for the USD to move higher and see that bounce for the DXY off my 88.50 level i have previously posted.
Please feel free to post comments and let me know of other indicators and indices that support or discount my current bias.