I warned of the bearish divergence for EURUSD despite Friday's up move and indeed, market dipped down, hit my 1.0759 level (I said is the pivot) and bounced up, but again closed down.
I am quite neutral on the current price action. Again, I will see where price opened during European session. I would like to look for shorts near the PZ for a move to 1.0749 and possibly to 1.0737.
But at the same time, 1.0749 is a possible turning point and if so, a move higher.
I am quite neutral on the current price action. Again, I will see where price opened during European session. I would like to look for shorts near the PZ for a move to 1.0749 and possibly to 1.0737.
But at the same time, 1.0749 is a possible turning point and if so, a move higher.
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