EUR/USD

mlawson71

1001 by mlawson71

The pair bounced off from 1.2070 and formed a pinbar on the daily time frame there. It looks like we're in for a range.

mlawson71

1002 by mlawson71

It's climbing toward 1.2200, but that is likely part of the current correction.

mlawson71

1003 by mlawson71

The pair is moving north again but whether it will break out above the last high at 1.2350 is unclear.

mlawson71

1004 by mlawson71

The consolidation clearly continues, it bounced off from 1.2190.

mlawson71

1005 by mlawson71

The pair is so undecided at the moment I am not even sure whether the target is to the upside or to the downside.

mlawson71

1006 by mlawson71

It's consolidating sideways above the double bottom. Let's see whether the move north will finally continue.

mlawson71

1007 by mlawson71

Sideways consolidation continues. The nearest target is around 1.2170.

mlawson71

1008 by mlawson71

The pair is testing 1.2065, hopefully there will finally be a breakout below that level.

mlawson71

1009 by mlawson71

The pair finally continued moving south. I think next target is at 1.2000, maybe even 1.1970.

mlawson71

1010 by mlawson71

EUR/USD dropped to 1.1970 as I thought it would, it's so bearish it may even break out below that level.