EURUSD OUTLOOK
Updated
The cloud is contracting and ready to flip into healthy cloud this means that sellers are getting exhausted while tenken sen is already above kijun sen and both are a bit pointing upward the end line point of kijun sen is a bit slighlty pointing upward while the price action wherein fact already showing a healthy bounce back to upward movement but give a bit consideration first before making any attempts to long it since the price were inside the cloud and might had a bit volatility to come
Note
Be cautious the volatility it provides is not enough to sustain. it could go in other way(which is short) or could rally above it will be decided next week
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.