EUR/USD: Levels, Ranges, Targets

EUR/USD. Big Points 1.0886, 1.1033. Longs above 1.1033. Overall range today 59 pips. Overall price extremes 1.0931 V 1.1460. Today’s buy sell extremes 1.0931 buy V 1.1141 sell. EUR/USD is heading far lower from current levels.

EUR/USD. Bottoms 1.0994, 1.0965. Ranges Below 1.0832, 1.0821, 1.0802 V above 1.1215. Overbought sell point 1.1041, 1.1051. Above 1.1041 begins sell. Targets first 1.1032 then 1.1021. Points on way up, 1.1025, 1.1032, 1.1038 then 1.1041.

Shorts below 1.1021, target 1.0994 then Bottom 1.0965. Points on the way down, 1.0994, 1.0987, 1.0980,1.0971, 1.0965 Bottom. Longs from 1.0965, 1.0994 must go higher to remain long.

Brian Twomey, Inside the Currency Market, btwomey.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s