Since the oscillator and the RSI are cooled on the H4 chart, we cannot rule out a rally to resistance 1.1650, and even to 1.1690, Last Friday’s pullback to the support enables the pair to gather some momentum ahead of this week’s critical macroeconomic releases either side.
Intraday pivotal finds at 1.1550 below here 1.1530 and 1.1500 exists. A break below the support zone 1.1530-1.1500 would erase our earlier bullish EURUSD view.
Intraday pivotal finds at 1.1550 below here 1.1530 and 1.1500 exists. A break below the support zone 1.1530-1.1500 would erase our earlier bullish EURUSD view.