Previous week support turned resistant 1.68188 if candle failed to close above this level we might expect a second attempt at the support level at S2. Candle closing 1.68927 on demark R1 will confirm an up trend
This pair will come into consolidation soon, a breakout to 116 is possible. Waiting for entry in 15M chart
1.2485 will execute my buy order. Breakout happened a moment ago we will wait for a more solid confirmation. Risk management is important
A little pull back after 1.681, bearish momentum is still supported. Candle is trading along the conversation blue line which is a good indication, there might be a retracement on 1.6700 area. Let’s see what’s next after it touches 1.6700
Momentum is bearish for this pair as it failed to break 170.1 yesterday, hopefully 106.90 will be retested again on Wednesday. Price bounced off quickly 106.4 on 29th and 30th April. Will look for a short term buy from 106.4 to entry on a RSI divergence to 106.8. However H4 candle closed below will void the entry Happy trading! Sharing my personal analysis
EUR did not breakthrough 1.7300 to confirm a new up trend. Daily chart is still showing down trending. 1.6871will place a sell
Looking for long order at 107.1 towards the next resistant. Rejecting resistant 106.885 will test the support at 106.450
As we look at My overview the break below 116.60 will be a short down 116 and below 115.4 will continue the downtrend. Waiting for the 3 signal crossed in H1 to short this pair