Overview of eurusd price action and expectations

15 juil. 2016

EURUSD after brexit doing actually nothing still consolidating in a triangle and those who are really thinking short heavy next week be caution because market still doing higher highs higher lows all week. On chart there is all important levels right now to watch short term this point where eurusd are now before weekly close are brake or make point. To keep it simple right now market still in HIGHER HIGHS HIGHER LOWS and there is rising trend line what can provide good low risk price action signal for a long. If happens something what happen Thursday when we brake NFP range then look for longs on brake of that trend line and 4h low (marked on chart) I would say we back to bear mode. Good luck in trading

23 juil. 2016

Note

EURUSD poisoned for more downside as we take out NFP range and brake lower next important area of support starts at 1.09115 (BREXIT low) after that 1.08 where we see big fight in the past 1 year.for bulls to take control back need regain control of 1.10 level and take out 1.10600 high .