Here is an Idea on EUR/USD
Bullish Harmonic on the 1D chart signaling possible reversal
The pair will definitely touch 1.18 this coming week but the question is will it attempt to test 1.19
EUR was the weakest pair last week against the Dollar (USD) & the Pound (GBP)
whilst both Dollar & Pound were bullish in the past week the EUR was bearish against both pairs.
However this week we expect it to be short term bullish & test resistance @ 1.18500
before falling back to the 1.17 level
Do note that in the long run DXY is bullish
& GBP is bearish regardless of it being bullish for the moment.
But for this week we expect DXY to retrace at least back to 92.3 before it continues its uptrend
Bullish Harmonic on the 1D chart signaling possible reversal
The pair will definitely touch 1.18 this coming week but the question is will it attempt to test 1.19
EUR was the weakest pair last week against the Dollar (USD) & the Pound (GBP)
whilst both Dollar & Pound were bullish in the past week the EUR was bearish against both pairs.
However this week we expect it to be short term bullish & test resistance @ 1.18500
before falling back to the 1.17 level
Do note that in the long run DXY is bullish
& GBP is bearish regardless of it being bullish for the moment.
But for this week we expect DXY to retrace at least back to 92.3 before it continues its uptrend
