Eurusd-chart
EUR/USD🇪🇺🇺🇸 to drop!EUR/USD🇪🇺🇺🇸 is going to be rejected by the strong Resistance as suggested by the RSI overbought. If the price will manage to break the uptrend we will drop further here.
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Observe Price action around the Andrews median lineWaiting for direction.
Observe Price on the larger and smaller fractal scale. Each pattern not simply acting on its own but blending to make a complete whole.
reversing off the 1.1330 under median line lower parallel.
Short term sell only, looking to buy in again on a key level.
EURUSD > Levels to WatchEURUSD > Key Levels > 10/15-20/17
Firm break and hold above 1.1930 level could indicate further strength to test 1.2000, with a break above this leading to 1.2100 level representing the January, 2015 high.
Expecting strong resistance @ 1.1965 level.
Strong support showing @ 1.1793 level, followed by 1.1764 which analysis does not support breaking these levels IMO, but no complete confirmation either.
R3 1.1933 R2 1.1904 R1 1.1863
S1 1.1793 S2 1.1764 S3 1.1723
Pivot Point @ 1.18350
High volatility expected as I believe we are in the "wacky" season where up is down and down is up!
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