I was keeping an eye on US30 as it was testing the 50.0% fib level. I was anticipating it dropping to the 38.2% level and making a bounce up and going to retest some of the key levels. However, since it was able to hold the 50.0% fib level (which is an important level to hold for) it shot up to hit those key levels earlier than I thought.
It is testing a major...
EURUSD could reward buyers for the long run (no pun intended). Buy until 1.196 range and wait for price action confirmation to continue long position to 1.217 range. If it breaks 1.217, we could look to see it test the 1.22 and from there it could resume its push upward.
