The EUR attempts to break above the SSSA line on the monthly cloud at the start of 2021 with a weekly long signal at 1.151 on 200720. Price action must trade above the monthly cloud at 1.150 to form a new uptrend. Short term weakness on the dailies and the 4hr on 080121 may find support at 1.178.
Pivot 1.178
Long positions above 1.178 targets 1.400
Short positions below 1.178 targets 1.113
Long term uptrend
Medium term uptrend
Short term downtrend
Pivot 1.178
Long positions above 1.178 targets 1.400
Short positions below 1.178 targets 1.113
Long term uptrend
Medium term uptrend
Short term downtrend
Quant Strategic Singapore