EURUSD Get Ready To join the Bulls #EURUSD

EURUSD bot at 50% Weekly Fibo

Now trading inside the channel pressured to go Bull based on recent positive economic indicators.

If next week economic data provide positive results then EURUSD is set to go Long!

If economic results are bad we are will be looking for Bears to push EURUSD down to test 50% Fibo again on a Weekly Double Bottom test. Great entry for LONG if that happens.

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Looking RSI divergencies to support the Bulls.

EURUSD Close to H4 200 SMA -- passing this level we're set to break the triangle and go long .

1.05230 good suport level to enter long

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As this new Update suggests... we now trading above the triangle. If you enter the trade at 1.052 like me then you can wait and see what happens. If not should wait for new economic data to see how EURUSD will react to it.

Looks like we are in good position at least for a Weekly retracement up to the 38% Fibo

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Another fake out .. now starting to form an H&S pattern inside the channel to push lower.

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might be good point to risk a buy

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EURJPY + EURCHF retracing are slowing down EURUSD - if these two can hold might be good for EUR

Also EURGBP at good Support Level..

These 3 pairs can hold at their suport and boost EURUSD but watch out for big economic news incoming from USA today

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Back at Key Support level again... wait for the news

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So far economic data was decent which might indicate rates will remain stable.

H4 candle closing big fat green... stll 30min to finish the H4 candle so watch out.

EURJPY and CHF holding
EURGBP at good support still

Good indicaton

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Once again support rejected and held by the good economic news. EURUSD building more and more strength for the buyers

EURJPY now also looking forward to look for test the high

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