Euro / U.S. Dollar
Updated

EURUSD is thinking about trend reversing

200
While DXY decides whether to go bullish or bearish dancing on the support line:
[LR] DXY's decision

and EURAUD haven't found a reliable support yet:
[LR] Risk/Reward Ratio: 5.4 - EUR/AUD


EURUSD is looking for some support/resistance between 1.1710 - 1.1720.
But what's then?

There are no obvious signals or patterns on the chart.
Note
Very good level to sell: 1.1736
Very good level to buy: 1.1679
Those levels are valid for now.
snapshot

But I would rather wait.
Note
Now this:
snapshot

waiting...
Note
DXY has chosen its direction - BULLISH. At least till 95.61 - 95.73

snapshot

But, we should expect some support at 94.35 - 94.21

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Because of that, we may expect some resistance between 1.1758 - 1.1764 ON EURUSD. We will get a nice Cipher pattern if that happens.
But I think, EURUSD won't be so strong, so I am expecting a resistance at 1.1724 - 1.1727.

snapshot
Note
Case 1:
Sell Limit at: 1.1724
TP: 1.1640
SL: 1.1757

Case 2:
Sell Limit at: 1.1753
TP: 1.1640
SL: 1.1790
Order cancelled
Note
Next:
A fall of EURUSD is coming

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