EURUSD - totally unattractive currency pair

By NeverNO

Updated

This and next month, I look at every weekly-deep to go long...
Direction: the red cloud.

Note

1.1302 is a resistance, once overcome, then next target 1.1383

Note

Previous resistance at 1.1302 now support.
(See update above)

Note

EURUSD
daily: tenkan & kijun = target & support

Note

Since the last update on June 12th, only 1.13707 has been reached ... but the higher targets will follow.
It would be ideal if next week daily did not close above 1.1421, but first at least until 1.1265 would run back, then again long with the target 1.1473

Daily cloud = grün
btw next month will be higher than this ... that also shows the difference between may and june low, but after the established july high, i would favor short.

Note

Tomorrow: weekly TENKAN support
Next week deeper as this week. The rest as in the chart...

Note

If Tenkan crosses SMA 50 from bottom to top, only then will EURUSD be bullish in Weekly. As long as that is not the case, the price has to come back again and again.

NeverNO

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