Eu took out Monday high AKA buyside Liquidity. Eu is also in an uptrend. Tomorrow FOMC will occur at 2pm NY time. Expect a lot of volatility. Be careful.
Eu went North bound today following its south bound last week.. I am anticipating Eu to clear out sell order resting below sellside before returning North. Eu like to take out Equal low or high.
Last week we saw a lot downward push from Eu. We had news from Wednesday to Friday. On Thursday Eu hit May 31 weekly Low. Eu is currently in bearish tread, and is expected to continue. This week, we are going to have a lot news again. We are expecting some retracement from last Thursday downward push. By mid week the market picture will be a lot clearer.
I am looking at target 1 and target 2.. Let see what will happen
Eu continues it bearish movement today after news came out. It now reaches a new low, and its a weekly low. This is a significant low and i will be waiting to see if this will be a support or if Eu will continue to go further down. I am anticipating Eu going further down.
Eu follow price extremely well today. With today being a news day, no Trade were made before news.. Eu came to 50 percent of the fib. With tomorrow being a another news day. There be no trades before 9 pm NYS. I am expecting eu to continue bullish for tomorrow.