Welcome back to another Eurusd Analysis!
0:0 Monthly timeframe
1:00 Weekly timeframe
4:32 4hr timeframe
5:47 1hr timeframe
7:15 Bias to begin the week
We have two Bearish weekly candle's back to back as we failed in a great fashion to continue our bullish ascent. The weekly candle last week closed below 1.1024 which was our weekly support level. It is now characterized a as a weekly resistance and may facilatate a selloff back to 1.0975 Daily support which we created on friday and eventually 1.0948 1hr support zone. 1.0948 would also be a weekly wick fill with bearish momentum carried over from the previous week.
Please leave feedback if you enjoyed. Have a great trading week.
0:0 Monthly timeframe
1:00 Weekly timeframe
4:32 4hr timeframe
5:47 1hr timeframe
7:15 Bias to begin the week
We have two Bearish weekly candle's back to back as we failed in a great fashion to continue our bullish ascent. The weekly candle last week closed below 1.1024 which was our weekly support level. It is now characterized a as a weekly resistance and may facilatate a selloff back to 1.0975 Daily support which we created on friday and eventually 1.0948 1hr support zone. 1.0948 would also be a weekly wick fill with bearish momentum carried over from the previous week.
Please leave feedback if you enjoyed. Have a great trading week.
Note
Price is ranging on this Monday as I was anticipating that it would. The Market is setting itself up for the move later in the week. Keep in mind we have NFP data at the end of the week. Have a good trading week. Trade closed: target reached
price touched into 1.09488 4hr zone after pulling back into 1.104 1hr resistance zone Note
On our way to completing a fakeout/ fake breakout after closing back inside 1.1024 weekly support level last week. Called out a return to the previous weekly candle low and the next weekly support level 1.09 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.