edyraper

It sold off of the mild R, Let's see what happens, I bet the break out is pretty soon to happen I'm bull overall, but can't long right now, I'll take longs if it goes for the support

Here is my previous analysis, The resistance is pretty close, if you had bid some, might want to reduce your positions at Rs, or take few shorts

Before: After:

It is in a range, seems like it has found an R Likely to go for the support

It is clear that it's in down trend, and for bids the closest supports are far away that what most are expecting. I'd say stay away for a while. Unless it develops a support later.

Here it is, and updated chart from previous posts. In this environment it is pretty normal to break out either way. Stay tuned!

Waiting for the breakout hopefully...

It has been a while now, if buyer, stops below the support.

If first support breaks down, then second support might hold this.

The technical analysis point toward that the bottom is near hopefully within a week or two we will catch a brand new uptrend.

Buyer EURUSD at the week's lows. Target will be 1.25+ for now.

Currently at 24239, R it is. A short here and another one 24316.

470/400 is strong support. It is cheaper to build longs around here. A bounce up till sub $1000 is very likely.

7600+- is the support, bids around here with stops below 7580- would work I guess