Short

EURUSD potentional bounce before high impact news

Updated

I see the price will at least test 1.17050. But we need to be aware today are high impact news for EUR.

Scenario2 is to break of trendline and continue momentum up.

Note

We tap 1.17055 like i said. Now we will see what price will tell us. Potentially i see more scenario2 playout then fall down.

News will make a true break of triangel or Fakeout. Lets see

Trade closed: target reached

Price did what i wanted. News did fakeout on the trendline and we get really nice momentum down. We can expect a break of triangle this week.

innoxcroom

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