While DXY decides whether to go bullish or bearish dancing on the support line: and EURAUD haven't found a reliable support yet:
EURUSD is looking for some support/resistance between 1.1710 - 1.1720. But what's then?
There are no obvious signals or patterns on the chart.
Not
Very good level to sell: 1.1736 Very good level to buy: 1.1679 Those levels are valid for now.
But I would rather wait.
Not
Now this:
waiting...
Not
DXY has chosen its direction - BULLISH. At least till 95.61 - 95.73
But, we should expect some support at 94.35 - 94.21
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Because of that, we may expect some resistance between 1.1758 - 1.1764 ON EURUSD. We will get a nice Cipher pattern if that happens. But I think, EURUSD won't be so strong, so I am expecting a resistance at 1.1724 - 1.1727.
Not
Case 1: Sell Limit at: 1.1724 TP: 1.1640 SL: 1.1757
Case 2: Sell Limit at: 1.1753 TP: 1.1640 SL: 1.1790
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