EURO/US DOLLAR
Consolidating ever so neatly at important resistance at 1.0800. Note that this might be the fourth consecutive weekly bullish candle and that the weekly MACD is more bullish than it has been since the beginning of May.
SHORT TERM TRADER: Square.
POSITION TAKER: Will consider going long on a weekly close above 1.0800.
SUPPORT | RESISTANCE |
1.0760 | 1.0800 |
1.0735 | 1.0830 |
1.0700 | 1.0875 |
1.0600 | 1.0945 |