Watch closely above 1.2060-2040 support area

1 במרץ 2021

If EU can hold this area for today, it's more likely to reverse and back to an uptrend.
No opening position yet...

1 במרץ 2021

הערה

Firmly pressure around 1.2095, down again... now watching 1.2060's support.

1 במרץ 2021

הערה

2040 has been broken, the downtrend is not ending.

1 במרץ 2021

הערה

European session has brought a strong bounce-back; if economic data this afternoon brings another up wave, then the up trend would be back.

1 במרץ 2021

הערה

As the pattern is still downwards, I would not open a long position yet. Downwards next target 1.2005

2 במרץ 2021

הערה

1.2005 has been reached.