Strong resistance from Feb 2018. The price did make it to retrace and makes a new lower high from a daily time frame.
SHORT SELL ON EU. It broke down to a major key level. Wait for retest then confirmation then sell. DISCLAIMER: This is an insight only and proper risk management is a must.
SHORT SELL ON GBP USD as it fails to break major key level making a lower high and lower low down to a major support level. DISCLAIMER: This is an insight only and proper risk management is a must.
Price is approaching at a major key level of support and resistance creating a triple TOP thus expecting it to fall. It will retrace around 141.2 then entry at 1H wait for the candle reversal then sell. TP1 @ 140.3 TP2 @ 139.5 DISCLAIMER: This is an insight only. Proper risk management is a must.
It has seen from the daily time frame that it has bearish divergence. Wait for the breakout at a rising wedge. Entry at 75.07 and TP at 74.646
If it breaks the trendline on the previous pivot line go on short from 0.76574 up until around 0.75612. Go on 1HR chart for entry. RSI confirms bearish divergence.
EURUSD will fall for a short period before it will bounce back to resistance level. Forecast on PMI is low (Purchasing Managers' Index (PMI)). Sell stop for 1.188 SL - 1.19 TP- 1.17 Kindly tell me your views on this pair. Goodluck!