testing that neckline

EurAnalysis

now that's more like it

EurAnalysis

numbers look good for US but not seeing the immediate reaction in DXY that I expected H1 H&S complete?

EurAnalysis

look at EUR/AUD.... you gotta buy euros to sell aussie d

EURUSD

image

EurAnalysis

think DXY will go back to the 80.XX?

EurAnalysis

M15 H&S completed? 1.2875 is next closest support, ultimately 1.2813 again

EurAnalysis

(my times are PST)

EurAnalysis

testing a major trend line, scalping some longs, overal sentiment is still bearish but dxy is meeting resistance and perhaps the spain data out tonight is already priced in to be shitty

EurAnalysis

couldn't resist, sold a tiny position at the 1.29 spike

EurAnalysis

glad i closed rest of my shorts @ 1.2836 while sitting in traffic during work commute too much confusion in the air, going to let the dust settle and look for fresh opportunites have a great day/evening guys

EurAnalysis

thanks for opening my eyes! going to have to add this chart into my arsenal of analysis

EurAnalysis

lightening my load a little here, afraid it may range for a bit, but leaving some on the table in case we break though support as much as im enjoying this drop, not 100% sure the rational behind it so playing it safe. US data didn't seem all that ...

EurAnalysis

DXY could be making a H&S on the hourly, if so EURO may go up, i'm still short though...

EurAnalysis

check out DXY, spillover from bad GBP data + poor M3 data?

EurAnalysis

good point, didn't think of that! with that said, and the support i'm witnessing here i think i'm closing some of my shorts and waiting to re enter later this week

EurAnalysis

think good US housing data can push DXY to break and hold over 80?

EurAnalysis

interesting PA

EurAnalysis

cool thanks for the update

EurAnalysis