Mariinus

EurUsd Weekly Levels | Week End Update And Opportunities

FOREXCOM:EURUSD   Euro / Dollar Américain
Hi Traders!

Here an update on the published Weekly S/R Levels at the beginning of the Week and how Price behaved around these Levels. See Related Idea for the initial Post with the Weekly Levels for this Week.

It was a hard Week for EurUsd. After a whole Month of decline we finally found Support. Look in April 2017 what happened there. Wednesday, Thursday and first part of Today we were trading in a Range. Admittedly I expected some move to the upside when we broke Wednesday High yesterday. It took to New York Session Today to find momentum to the Upside. Let's see Monday how we trade with Economic News coming in at the End of London Open. When can keep 1.0825 below us, I feel comfortable to look for Long Setups.

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Warm Regards,
Mariinus

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