Temporary Bears, Long term Bulls - Potential Reversal Incoming
Hey guys, earlier today I posted an analysis for the Euro, I have a new bias as weekly / daily closures were significant.
Euro has been bizarre this week nearly reaching for 1.15 whole figure level rejecting it, pushing it above a most recent swing high and managing to close above it, this key level is 1.16500 to be exact.
Euro created a small consolidation profile from 1.17270 - 1.18400, price raided 1.17270 in result of creating lower lows that would eventually lead to a raid for the upside (1.18400).
Banks are aiming for liquidity @ 1.18400, price will MOST likely raid that zone, potentially going for another 160 pips to psychological level 1.20 whole figure.
Euro is bound to drop a little when market opens, but I am bullish.
Euro has been bizarre this week nearly reaching for 1.15 whole figure level rejecting it, pushing it above a most recent swing high and managing to close above it, this key level is 1.16500 to be exact.
Euro created a small consolidation profile from 1.17270 - 1.18400, price raided 1.17270 in result of creating lower lows that would eventually lead to a raid for the upside (1.18400).
Banks are aiming for liquidity @ 1.18400, price will MOST likely raid that zone, potentially going for another 160 pips to psychological level 1.20 whole figure.
Euro is bound to drop a little when market opens, but I am bullish.
Believe me when I say, I am a SAT SNIPER.