Currently is in Bullish Engulfing Candle.
Likely it will go higher for a time being but I want to warn you is that, upside may be limited.
It can swing up to 7540 as a retest but going is higher is unlikely.
It is early to call for short but I am seeing it will be more and more of Bearish signs to show up.
Trade Safe.
s0nic
Disclaimer :
This analysis not ...
*EUR is pumped by dragi and Bulls stil hold the power.*
*However, it is now in the long held support zones since August 2015.*
*A SR Elliott Wave 3 is now starting and lets see what happens.*
*Clear breakout of 1.1700 and 1.1710 would be strengthen the bulls more. *
*Alternatively, the strong US data coming out next week would be a good reason for the market to ...
