mlawson71 wrote: Mon Feb 26, 2018 12:43 am

You're welcome Jimmy. I am crossing my fingers for it to rally then.

Phew! Your finger-crossing has worked hehe. Thanks bro

Now it fell back to 1.2300 but I think that's just part of the range and it may rebound from that level again.

EUR/USD - Consolidation pattern has been broker from the downside open a door for the dollar to test zone 1.2200/15 in short term.

EUR/USD - Sitting just above 1.2200/10 support. A kind of inside bar formation (1H chart) with face breakout from the top - it is a sign for further decline with very first targets around 1.2160.

FrancoisT wrote: Thu Mar 01, 2018 12:19 am EUR/USD - Sitting just above 1.2200/10 support. A kind of inside bar formation (1H chart) with face breakout from the top - it is a sign for further decline with very first targets around 1.2160.

I honestly don't know what to think in this situation. On one hand it appears quite bearish, but there's also a real possibility to rebound from 1.2200.

mlawson71 wrote: Thu Mar 01, 2018 1:37 am

I honestly don't know what to think in this situation. On one hand it appears quite bearish, but there's also a real possibility to rebound from 1.2200.

I know! Me neither! Still massively bearish but seeing the first glimpse of some bullish activity for the first time in the past 12 hours. Will be interesting to see how it plays out during the U.S PMI news in due in seven hours time aye bro? :geek:

It finally rebounded from 1.2150, is this the end of the move of the downside or a temporary correction, I am not sure.

Apparently that was the end of the move to the downside. The pair is quite bullish again and it may next reach 1.2500.

It found resistance at 1.2440, which shouldn't have suprised me. The pair is clearly developing a pretty long-term correction on the large time frames.

EUR/USD is testing resistance at 1.2380/90 and I am expecting that will hold for the moment and another test at 1.2350 in short term