I expect EU to retrace a bit more and then head to 1.204 area.
Daily CCI and weekly 23.8 Fib area appear like a great resistance area. 4 Hr CCI spiked over -200
quickly from over 130 this indicates to me that the move is for the most part over and should not go to
much further. Which puts the 23.8 fib and a daily CCI spike of over 200 as the perfect zone to find
support and bounce back up. I will see how the 4 hr CCI reacts on the way up to test the two daily
CCI spikes between here and 1.204 but given the strength of the bull run and price on daily is still over the 200 ma
I expect price to at least hit if not break the monthly 55 ma.
Daily CCI and weekly 23.8 Fib area appear like a great resistance area. 4 Hr CCI spiked over -200
quickly from over 130 this indicates to me that the move is for the most part over and should not go to
much further. Which puts the 23.8 fib and a daily CCI spike of over 200 as the perfect zone to find
support and bounce back up. I will see how the 4 hr CCI reacts on the way up to test the two daily
CCI spikes between here and 1.204 but given the strength of the bull run and price on daily is still over the 200 ma
I expect price to at least hit if not break the monthly 55 ma.