Scottiepippins

Scottiepippins

Currently EU has been on a bullish trend for the last couple of weeks, I think this trend has finally come to an end from reaching my major resistance at 1.126. If all else fails we still get a major pullback from this area. It spiked and tapped this resistance then retraced. It looks like we are head back to 1.1 at least, major short opportunity for anybody...

Scottiepippins

After yesterday EU showed a lot of upside, with the help of weak usd shows that EU is headed for 1.25, todays ECB meeting will probably drive the price down and break the cable line just to re-establish its self then continue on a bullish run.

Scottiepippins

Struggled to reach yesterday’s highs at 1.23, so will attempt to retest the low at 1.22, if it breaks I feel like EU will be a free fall until support at 1.215

Scottiepippins

Key level of support around 1.22, if the bulls can break through the fib level .618 then I believe we are headed back to retest 1.23

Scottiepippins

Eurusd having trouble getting to the key level of resistance, 1.21 should be another heavy resistance zone leading to a test of lower lows.

Scottiepippins

Should hit the retest/zone resistance than continue on a downward trend

Scottiepippins

Bearish traits. Looks like it's headed down.