Eurusd/gbpusd - page 2172
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Level 1.14 here we come
First some dancing at 1.1380
EUR/USD continued climbing today and it's likely it will soon reach 1.1400 - 1.1440. Mario Draghi will speak again tomorrow, perhaps that will finally cause the end of the consolidation, but I am not holding my breath at this point.
EURUSD is doing the expected. Secondary support is holding. Expect revisit of primary support resistance (currently at 1.14 levels)
Back to ranging in the Asian session. London session will be it again
Back to ranging in the Asian session. London session will be it again
Yep. Nothing happened in Asian session - nothing at all
EUR/USD formed a doji candlestick on the four-hour time frame and unsurprisingly moved to the downside again. It's currently testing the support at 1.1320 again, if it breaks below that level we can likely expect a further move to the downside towards 1.1260.
Good support at 1.13
Secondary bullish channel is intact. Today it all depends on Draghi speech, but without some major surprise, the trend should not change
Secondary bullish channel is intact. Today it all depends on Draghi speech, but without some major surprise, the trend should not change
So much about bearish trend talks. Looks like EURUSD is following your channel
So much about bearish trend talks. Looks like EURUSD is following your channel
Never underestimate a good whipsaw