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Writer's picturejeremy cho

EUR/USD ATTEMPTS TO FIND A FLOOR AT 1.113

The EUR attempts to break above the SSSA line on the monthly cloud at the start of 2021 with a weekly long signal at 1.151 on 200720. Price action must trade above the monthly cloud at 1.150 to form a new uptrend. Short term weakness on the dailies and the 4hr on 080121 may find support at 1.178.


Pivot 1.178

Long positions above 1.178 targets 1.400

Short positions below 1.178 targets 1.113


Long term uptrend

Medium term uptrend

Short term downtrend



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