EURUSD is approaching 1.15000

EURUSD volatility picking up

 

EURUSD  bounced from 1.12000. The bounce gained significant strength yesterday, and the pair is testing 1.15000 again. A break above 1.15000 will invalidate the downside continuation, and it will indicate the five waves of the downside are over. A rejection will leave the pair vulnerable.

Note: look for the long trade entries upon a break above 1.15000 and look for the short trade entries in case of the break below 1.14000

“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn

 

EURUSD bouncing higher

 

 

 

 

 

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