EURUSD time for a reversal.
EUR/USD: Slowly but surely we have crept above and beyond our previous daily resistance levels to make fresh multi year highs of 1.1909!
Again and again our projections had further upside in sight however, with Non farm payroll tomorrow and yesterdays candle closure being relatively weak.. There could be a bearish reversal pullback ready to come through.
Downside projections are: 1.1800 then 1.1750. Great analysis throughout the month of July fromn the EverythingFx Panel. Lets see what the weekly closure brings & the month of August.
Previous Post: Further upside is on the cards and 1.1925 is our next weekly resistance target. 1.1690 (labelled) has been the minor area of resistance which held as an issue at the start of the week. This has now been broken, we could expect a retest and a catapult into higher territory. ?
Again and again our projections had further upside in sight however, with Non farm payroll tomorrow and yesterdays candle closure being relatively weak.. There could be a bearish reversal pullback ready to come through.
Downside projections are: 1.1800 then 1.1750. Great analysis throughout the month of July fromn the EverythingFx Panel. Lets see what the weekly closure brings & the month of August.
Previous Post: Further upside is on the cards and 1.1925 is our next weekly resistance target. 1.1690 (labelled) has been the minor area of resistance which held as an issue at the start of the week. This has now been broken, we could expect a retest and a catapult into higher territory. ?
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