There is still more room to the upside for EURUSD. The price was held on Monthly level. I see it going higher than previous before seeing any short.
If we break below and move downwards I will update on the target to the downside.
Weekly by far favours the downside with a Nice H&S on H4 and other small TMs. When the short pulls through the drop will be worth it! Target1 0.75128, Target2 0.74430.
Lets see how it goes! Will monitor the move as we go!
Price likely to see 1260.19oz. I see a pullback from this area to around 1270.70oz for more short opportunities. If we break though 1260.19oz area I see Gold dropping to 1241.77oz
More updates coming into the new week.
Happy trading.
H4 Bearish close will bring shorts in play. A strong close below the dotted Trendline will see price reaching KEY Level 0.75128 with a possibilty of price revesal to test the blue trendline, but if we break though and close below KEY Level 0.75128 we will see our first target WEEKLY SUPPORT 0.74730 followed by KEY Level 0.74430. From here i will update.
98.06 Key level likely to give us short opportunities with the fib levels also at play! The upper level of the channel will possibly reject price for shorts. Will update Targets for short Later. The break out of channel will see our target at KL 98.93
Short at 0.72314 or wait for price to break through trendline. The Key Level "KA" at 0.72392 shows a very possible price reversal for shorts. If we break through this area price is expected to reach 0.7329 area.
Happy trading in the new week!
