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Not only it held but the pair formed a doji candlestick on the four-hour time-frame above the support at 1.0800, so we might see another move to the upside towards 1.0900.
Not only it held but the pair formed a doji candlestick on the four-hour time-frame above the support at 1.0800, so we might see another move to the upside towards 1.0900.
Looks like we are going to see a double top
The EURUSD bounces from the 1.0800 level, but in its next visit it may break it to the downside.
I agree, downside correction continues, the pair is slowly approaching 1.0800 level. However on the upside Eur/Usd could re-test 1.0900 resistance level.
Seems that level 1.08 is a strong support now
We are back in ranging period. Now it can go any way. Probably down
The pair has been consolidating all day but I noticed that it also formed a hammer candlestick above the support at 1.0800 on the daily time-frame which is another indication that we should probably expect a move to the upside towards 1.0900.
We are heading steadily towards double top
Level 1.09 is ready to be broken
The EURUSD may just stay between the 1.0800 and the 1.1000 for a while, at least until the FED speaks.
The EURUSD may just stay between the 1.0800 and the 1.1000 for a while, at least until the FED speaks.
Positions are liquidated ahead of FED. It becomes less sure that they will hike rates