Im checking on my 4 Hour time scale. I note that price has been on a support .... Just a small confirmation for BUYERS on this pair .. Lets wait for NEWS (FED MINUTES)
Im weighting up the option of a EURUSD break out and Bull run. there are my TP levels and possible price movements . just waiting for confirmation
price has been in pullback mode for a while. Its now back on Important Trendline, which could encourage upward momentum. theres important BULL tests to go through. . but overall, I have a LONG Bias. On Dollar Strength momentum. $102 looks technically possible. FIBO bounce on 0.50 to even 1.382 level.
TP points plotted and possible price movements ... right now Im waiting to see whats happening and wait for confirmation
Waiting and seeing ....
Waiting for break on either side .. and price to confirm its mood Twill have affect on USD pairs
Heres my idea, for DXY breaking 99.9 finally ... using FIBO extensions
Price currently cleared bear tests ... Open to reversal move NOTE: Lets wait for NFP US Elections are coming up ...as well
Let see how it goes, Im going against my initial thought .
I think USD is possibly showing signs of weakness ...
PRICE maintaining form, as NEWS keeps coming Just observing things ...
Im just keeping my eyes peeled ... If Dollar shows weakness, watch for EURUSD & GBPUSD pairs to go long temporarily
Although PRICE has been relatively Flat The bottom has been tested and still holding, but for how much longer ? NOTE: TP Targets (Quick scalp)
here are my reasons ... Il keep watching ... but Im mainly aiming at a lower TP level on a lower support but FED speech will be on my mind ...
Compare with BASE POUND PAIRS... --- Neg.Divergence Bull Exhaustion Time to relive the pressure Target marked