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LearnFxJourney
23 May 2020 14:15

Weekend Analysis - Daily TF - EU - Daily Bullish Tideshift 

Euro Fx/U.S. DollarFXCM

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Since the end of March, Price has been consolidating in a Range. On the forth bounce off the Range Bottom, Price has started to show signs of Bullish momentum as the EMA 14 & SMA 50 has gone Flat and seems to be crossing. On Friday close, it seems to have found a certain level of support on Institutional Level 1.09.

For this pair, my bias is Bullish in accordance to the Daily Bullish Tideshift. With Monday being Bank Holidays for the US and London, I'll wait for Monday to play out then look for an entry on Tuesday.
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