EURUSD upd. Nov 2, 2021
Updated
Algos get us back to the resistance levels were imo it is already again sell levels.
Intraday resistance here at 1.1610-20 lvl.
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Intraday resistance here at 1.1610-20 lvl.
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Note
More than a month we are trading in tight range with 1.1660 as top and 1.1540 as bottom.I still think that bearish situation persist and waiting for more lows ahead.
Bigger cycles suggest more fiber damage ahead of new highs.
Trade safe and wise.
Note
Note
DXY update.As long as the price is above 93.34 it is still extreme bullish mode (unbelievable for a huge part of market participants) with main targets a bit higher.
Daily levels that matters most are:
- 92.50 / 93.34 as support
- 94.53 as resistance
Trade safe and wise.
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