I did up the plan but it was not saved, twice! But anyway, I did not provide the plan on Friday as it was Good Friday but Thursday's plan worked perfectly, as we caught the top and a 50 pips down move to the price target. Friday, EURUSD dipped further but went up on PCE data.
IMO, Friday's move might not be representative as it was on low volume. Overall, I am still bearish for a move lower. Could see an up move from here based on Friday's bullish price action but looking for 1.0808 to hold for the sell to 1.0752 and further to 1.0712 within the next couple of days.
If 1.0808 hold, could see a move higher first to 1.0848 before finding resistance.
However I would be bearish for today, unless we get a daily close above 1.0808.
IMO, Friday's move might not be representative as it was on low volume. Overall, I am still bearish for a move lower. Could see an up move from here based on Friday's bullish price action but looking for 1.0808 to hold for the sell to 1.0752 and further to 1.0712 within the next couple of days.
If 1.0808 hold, could see a move higher first to 1.0848 before finding resistance.
However I would be bearish for today, unless we get a daily close above 1.0808.
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