EURUSD, BREAK FROM CONSOLIDATION....
HELLO ALL,
EURUSD BROKE FROM THE 1.1020 AREA TO THE 1.1145 DAILY RESISTANCE AFTER NEWS CAME OUT MAKING EURO BULLISH. LOOK FOR A RETEST AFTER AN OVER EXTENDED RSI TO THE .50 FIB ON 4HR CHART AND THEN A TEST OR BREAK OUT HIGHER THIS COMING WEEK. THE DXY SEEMS AS IF IT IS ALSO GOING TO RETEST HIGHER BEFORE OFFICIALLY MAKING A BEAR RUN OR SHOW US THAT IT WAS A FALSE BREAK LOWER. LOOK FOR PRICE ACTION AND FUNDAMENTALS THIS COMING WEEK TO MAKE YOUR OWN DECISION.
HAVE A GREAT WEEKEND AND GOOD LUCK!
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
EURUSD BROKE FROM THE 1.1020 AREA TO THE 1.1145 DAILY RESISTANCE AFTER NEWS CAME OUT MAKING EURO BULLISH. LOOK FOR A RETEST AFTER AN OVER EXTENDED RSI TO THE .50 FIB ON 4HR CHART AND THEN A TEST OR BREAK OUT HIGHER THIS COMING WEEK. THE DXY SEEMS AS IF IT IS ALSO GOING TO RETEST HIGHER BEFORE OFFICIALLY MAKING A BEAR RUN OR SHOW US THAT IT WAS A FALSE BREAK LOWER. LOOK FOR PRICE ACTION AND FUNDAMENTALS THIS COMING WEEK TO MAKE YOUR OWN DECISION.
HAVE A GREAT WEEKEND AND GOOD LUCK!
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
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