


alexkyp
Previous support trendline acting as resistance ! . EUR on clear bearish trend
clear bullish trend , back to fib retracement area on Fridays NFP news, potential recovery
previous support trendline acting as resistance, oil prices are on recovery, tensions with Iraq may push them higher
Oversold, triple bottom on the daily near psychological line ! Triple bottom on the weekly trendline, Several W form, 0.7 fib !
A nice recovery from the drop last week after trying to break the 1.1170 area! Dxy sharp pull down helped the pair to regain bullish strength, we can expect a trend continuation around the current trading area, or around possible retracement levels such us 0.382 or 0.50 fib!
We can expect higher highs , There is a clear inverted hammer on the monthly timeframe followed by a huge solid green candle clear confirmation for a continued bullish run!
it depends where we will see the first red candle to close on the daily timeframe! That could give as a solid confirmation for a sell ! Currently is rejecting 0.618 fib
retest 0.50 fib and then drop around 0.7 fib and triple top on the trendline
Bullish flag around s&r area , 0.50 fib retracement