Possiblereversal
EUR/USD - Possible Long SetupLooking at a Long Setup for EUR/USD.
10:00 (UTC) - Expect to get a stronger validation on the move and also the crossing of 1.07300
I have marked X1 & X2 has red zones in my chart, that is where I get very sketchy about the Long and instead look at a possible Short setup.
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Last Week's EUR/USD Analysis was on point, 100+ pips
EURAUD - Put this on your watchlist RIGHT NOWThis one is all about watching the price action. The RSI isn't really telling us anything useful, but we have an interesting structure forming here. Traditionally, I'd be looking for a break of this resistance, but something tells me that if it breaks, it wouldn't be a violent move down. Instead, I'm looking for a bounce candle so I can ride this trade back up into resistance - maybe with a TP @ 1.44.