mlawson71 Posted May 4, 2021 Share Posted May 4, 2021 It dropped below 1.2025 and it remains bearish for now. Let's see whether it will drop below 1.2000. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 5, 2021 Share Posted May 5, 2021 It's testing 1.2000 and I think it may drop below that level. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 6, 2021 Share Posted May 6, 2021 It bounced off from 1.1990 after all. I think it is unclear, however, for the moment at least whether the rally will continue. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 7, 2021 Share Posted May 7, 2021 It's testing 1.2150, there is a pretty serious resistance there, it could be forming a double top. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 8, 2021 Share Posted May 8, 2021 It broke out above 1.2150, next week the move north will likely continue developing. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 9, 2021 Share Posted May 9, 2021 Let's see how it will develop next week. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 10, 2021 Share Posted May 10, 2021 It does remain pretty bullish. We may see it rallying to 1.2200 this week. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 11, 2021 Share Posted May 11, 2021 It's testing 1.2160, I think it will rally further by the end of the week. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 12, 2021 Share Posted May 12, 2021 The pair continues consolidating around 1.2160 and it remains quite undecided. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 13, 2021 Share Posted May 13, 2021 It dropped back to 1.2080. Next target will likely be at 1.2000 again. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 14, 2021 Share Posted May 14, 2021 It's still consolidating around 1.2100. It will likely do that until the market closes this week. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 15, 2021 Share Posted May 15, 2021 It closed at 1.2140. Hopefully next week the consolidation will finally end. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 16, 2021 Share Posted May 16, 2021 Let's see how it will develop next week. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 17, 2021 Share Posted May 17, 2021 It rallied back toward 1.2170. If it finally breaks out above it, next target should be around 1.2200. Link to comment Share on other sites More sharing options...
pradegxs Posted May 18, 2021 Share Posted May 18, 2021 Still holding long positions at EURUSD with Hotforex I think USD strengthening will be temporary as traders are looking for yield and they tend to dump USD and buy other currencies. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 18, 2021 Share Posted May 18, 2021 It did break out above 1.2200. I think next target will be likely somewhere around 1.2300. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 19, 2021 Share Posted May 19, 2021 It rallied to 1.2245 and it remains quite bullish, the move north will likely continue. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 20, 2021 Share Posted May 20, 2021 It pulled back from 1.2245 but the move north will likely continue. An actual breakout above 1.2245 likely won't occur this week though. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 21, 2021 Share Posted May 21, 2021 It is testing 1.2230 for now. I wonder if we will see a breakout today though. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 22, 2021 Share Posted May 22, 2021 It failed to break out above the resistance but that still may occur next week. Link to comment Share on other sites More sharing options...
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