Here is EURUSD update heading higher so the question becomes are we headed higher north of 21 EMA on 4H and central weekly pivot on way to 1.1040 or is it a good place to short? What do you think? Daily stochastic is still way oversold and 4H stoch about half way with momentum flat even though price action is pushing higher. It think we might be headed for bounce lower near WPP during New York before heading higher.

Don't look now but overnight we broke the 4H swing low of 1.1080 and headed higher.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.