EUR/USD H1 Trend watch!
The market is taking a fast move today being the first day of the trading week !!!
EURUSD went sloppy after the report on Euro Money Supply coming out 7.9% .
TECHNICAL ANALYSIS:
Ones again, price is moving away from the PROVEN RESISTANCE level leaving beneath it a WEAK resistance level @1.17205.
The price is currently found on an UNTESTED SUPPORT level @1.16817 formed from 22nd SEPT.
POSSIBLE MARKET MOVES
At this point, considering the fact that the price is still on trend trace... Therefore, it could be a break below !
CHECK CHART TO UNDERSTAND POSSIBLE MOVEMENT WITH DRAWN PATHS
Observe every risk management measures
EURUSD went sloppy after the report on Euro Money Supply coming out 7.9% .
TECHNICAL ANALYSIS:
Ones again, price is moving away from the PROVEN RESISTANCE level leaving beneath it a WEAK resistance level @1.17205.
The price is currently found on an UNTESTED SUPPORT level @1.16817 formed from 22nd SEPT.
POSSIBLE MARKET MOVES
At this point, considering the fact that the price is still on trend trace... Therefore, it could be a break below !
CHECK CHART TO UNDERSTAND POSSIBLE MOVEMENT WITH DRAWN PATHS
Observe every risk management measures
Penafian
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