2023-03-21 EURUSD intraday short

As I mentioned yesterday, eurusd was stopped by 1.073.

During Asian session, it might drop back to 1.063, let us wait till Euro session and watch, maybe the data would hold it.

Note

EU still stopped by 1.072, so expect to drop to 1.067 before NY session.

Note

EU bounce to 1.0737, lets watch for the closed price of H1, if below 1.075, it would be smarter to wait till NY session.

The bear target is 1.0683 now, weekly key pivot is 1.066-1.068.

Above this level, EU could go higher in this week.

Note

You can continue to hold short orders around the euro 1.073, but the target may not be 1.0683, it may be lower, to 1.063, wait for the US market to watch.

Note

put SL 1.076, if EU drop below 1.07, it would go to 1.063

EliteOtaku

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EliteOtaku

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