Forex EUR/USD Daily Video, July 19, 2023

[Sive Morten]

Good morning,

So, our DRPO "Sell" has been confirmed yesterday. Now we consider two targets - 1.1105-1.1110 and 1.1054 and just see what will happen:

 

[FreddyFX]

Interesting !!!

 

[Brett Reynolds]

Looking on my chart the 4hr Double Repo 'Sell' had not 'quite' completed.? Market has returned back to 1.12 area this morning. I think it could have good chance to complete tomorrow into Friday as looking at DXY the same 4hr Double Repo 'Buy' has more or less completed the same pattern.

 

[davedubai]

short at 1.1260 and 1.1225 awaiting the fall to 1.110 ish

 

[Sive Morten]

Looking on my chart the 4hr Double Repo 'Sell' had not 'quite' completed.? Market has returned back to 1.12 area this morning. I think it could have good chance to complete tomorrow into Friday as looking at DXY the same 4hr Double Repo 'Buy' has more or less completed the same pattern.

Hi Brett, yes, this is great decision.