Hourly is working its way thru the cloud and pulling along the 10EMA for verification. Hovering above ins the 200SMA and the 76% Retrace around 1.1135. Failure right in this range brings us back to 1.1085 fairly quickly.
Note
Strong move up overnight/morning leading into the New York Session. the 1.1200/30 should contain today's.Note
1.12 might be a strong top. Follow Thru at this level is starting to weaken:Note
The 1.12 area proved itself as a top. A close above the 200SMA at 1.1143 may suggest a ST bottom. There is cloud support a 1.1130 and the 100SMA just below there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.