EURUSD Neutral Monday! Waiting for market sentiment!
The pattern triangle was crossed to the bearish
direction, however there is no strong fundamental
support for strong dollar as FED's Jerome Powell's
speech was dovish last week. We need to wait
during Monday and figure out market sentiment,
this is now crucial to make weekly trading decisions.
Targets:
Resistance N2 - 1.1880 market open for this week
Resistance N1 - 1.1836 (Daily low for July 12)
Support N1 - 1.1770 weekly low price for this week
Support N2 - 1.1711 Monthly low
News US to follow:
10:00 German Buba Monthly Report
14:00 Housing Market Index
direction, however there is no strong fundamental
support for strong dollar as FED's Jerome Powell's
speech was dovish last week. We need to wait
during Monday and figure out market sentiment,
this is now crucial to make weekly trading decisions.
Targets:
Resistance N2 - 1.1880 market open for this week
Resistance N1 - 1.1836 (Daily low for July 12)
Support N1 - 1.1770 weekly low price for this week
Support N2 - 1.1711 Monthly low
News US to follow:
10:00 German Buba Monthly Report
14:00 Housing Market Index
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