Keep looking for the Dollar Index to reach 10475 level to start reverse the short on EURUSD.
First Target profit hit at 0.9330 time to rejoin Short the second target profit around 0.9285
I will start to consider buying the EURUSD and selling the USDJPY when The DOLLAR Index reaches around 10460/70
I will start considering reversing EURUSD short positions when the Dollar Index reaches around 10460 / 70 area.Being inverse correlated as long as the DOLLAR Index goes up the EUR goes down.
My thoughts on EURUSD short until 1.272 extension around the round number 1.3400 then reverse back to 1.39
In case you got in this are my first and second profit targets
You should expect a comeback to 101.30 levels to test the previous resistance now support before the move to 102.10
Left anf right shoulders stops above "C", Target Profit 1.27 extension of A to B
Between 1.7285 and 1.7330 (1.618 extension from the double bottom and 50% retracement from the entire leg down) with stops 20 pips above the 50% retracement which also lines up with the top of the Kumo cloud, so stops around 1.7350.