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Euro / Dolar A.S.

[EUR/USD] Possibilities for the next two days

Oleh VanSteenMarketResearch
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[EUR/USD] Clear 1.15 rejection; possible long opportunity


My outlook from yesterday is still valid, and this are the possible scenario's for now:

> Price will test the 1.16 area in the EU session, drop or continue higher.

> In case of continuation, price will aim for 16.4/16.5 area and test this in the US session.

> In case of rejection, price will fall down again towards 1.15 level and test that again later.
Nota
syot kilat

There is some RSI confluence on the lower timeframe, a little bit earlier than expected.

Let's see what price will do in the first hours of US session
Nota
syot kilat

Price now perfecty testing and respecting the 1.16400 level. This is the first sign of a move down, aiming for 16.00/15.80 area.

If not, you should look for a second test of the 16.40 area
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syot kilat

Not perfectly accurate, but setup was correct and valid.
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VanSteenMarketResearch
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