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Re: EUR/USD

It occurred to me that the NFP will be this week again. Whatever EUR/USD does for the rest of the week, prior experience dictates that the true movements will probably happen on Friday.

Re: EUR/USD

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Should EUR/USD test the support trend line of the RSI indicator the daily time frame that would be a strong indication for a new move to the upside. This scenario would be invalidated if the pair breaks out below 1.1400, which could be a signal for a drop to 1.1000.

Re: EUR/USD

EUR/USD returned to its old levels around 1.1650 - 1.1660 despite the rally. A possible breakout to the downside could lead it to a drop to 1.1600.

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