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I think EUR/USD will continue climbing at least until it reaches 1.1440, which is the previous high, and should it break above that resistance the move to the upside will continue until the pair reaches target 1.1570, which is a significant level of resistance too.
Almost sure that it will go above 1.1500 now. The momentum is awful
Almost sure that it will go above 1.1500 now. The momentum is awful
1.1400 is psychological level, break above it we will see 1.1500 level.
Same story : nothing in the asian session and them big push in the London session
Waiting for the new push
Here we go Level 1.13 broken. Next stop : 1.14
Here we go Level 1.13 broken. Next stop : 1.14
That is normal - long term bearish channel middle support held. Now it is heading for long time bearish channel resistance. If it does not hold (and it probably will not since it all depends on political decisions) we can start talking about trend changing
EUR/USD could not break above the resistance at 1.1380 and the pair moved to the downside again. I think it's very likely that consolidation will continue until the US Non-farm Payrolls tomorrow.
The EUR/USD rebound to 1.1379, then fell to the top of resistance level, and currently move near to 1.1284 but if the US data on friday come as expected ( negative ), we will see other test to the next resistance level at 1.1391.
Judging from the current rate, the decision is to wait NFP and Greek decision
We shall see tomorrow
Judging from the current rate, the decision is to wait NFP and Greek decision We shall see tomorrow
NFP will be a trigger tomorrow for further up
Lagarde demands no rate hike from FED this year - only in 2016
NFP will be a trigger tomorrow for further up Lagarde demands no rate hike from FED this year - only in 2016
180 pips down from yesterday false break up peak. Massive stop loss hunting now before NFP