- Closed on shooting star
- 3rd bounce on trendline
- Dollar re-gaining strength
- 1.14600 monthly resistance hit and went down
- At 0.5 fib level on last candles high
- Euro losing strength
- Downtrend end of corrective wave
- Bearish engulfing on London Session close (4hr)
- Beginning of impulsive (4hr)
- More bearish points than bullish points.
... Looking to proceed to the 1.13000 support level.
- 3rd bounce on trendline
- Dollar re-gaining strength
- 1.14600 monthly resistance hit and went down
- At 0.5 fib level on last candles high
- Euro losing strength
- Downtrend end of corrective wave
- Bearish engulfing on London Session close (4hr)
- Beginning of impulsive (4hr)
- More bearish points than bullish points.
... Looking to proceed to the 1.13000 support level.