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There will be one more whipsaw
Hi
sounds the day is quite and maybe next week will be batter the USD.
nice weekend
It was one more whipsaw as the guy told on the upper side now
It is still bearish trend but now the correction almost reached the resistance. Next week will be interesting
EURUSD has found support at 1.3365 on the back of a bullish RSI divergence, coinciding nicely with a significant miss in US NFPs. This is the most significant bullish correction we have seen in the past couple of months, and the pair has broken out of its July bearish channel. While we are long-term bearish on the pair we see an increased likelihood of a correction here and will look to sneak in an aggressive long if we see a pullback. Below 1.3377 (today’s lows) the bullish correction has ended and we are looking down toward 1.33 once again.
We had a correction in Jun (almost the whole Jun was a May bearish trend correction)
July was a pure May trend continuation. Maybe we are going to have similar stuff like June, but I doubt it
Now when you told it, it seems so obvious. I missed the May, June, July trends
Looks like trends are on a monthly bases now
Guys, it was slammed down at 1.3440
There are to many sellers there
Price was trading below 1.3440 after big push yesterday, it's still bearish trend but if the price advances above 1.3440, there’s a good chance it may continue up to 1.3475/1.3500 price zone. Next week would be interesting.
EURUSD weekly change was a total 3 pips (78 pips range)
We are still in a tight range trading. Only Friday was resembling to a normal trading day
Nothing has changed for volumes and volatility. If yesterday almost all data was not bad for USD we would have a same day as all the previous