Long

EURUSD - ST Hourly Update

Updated

Hourly is working its way thru the cloud and pulling along the 10EMA for verification. Hovering above ins the 200SMA and the 76% Retrace around 1.1135. Failure right in this range brings us back to 1.1085 fairly quickly.

Note

Strong move up overnight/morning leading into the New York Session. the 1.1200/30 should contain today's.

Note

1.12 might be a strong top. Follow Thru at this level is starting to weaken:

Note

The 1.12 area proved itself as a top. A close above the 200SMA at 1.1143 may suggest a ST bottom. There is cloud support a 1.1130 and the 100SMA just below there.

KXRCapital

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