Forex EUR/USD Daily Video, June 06, 2019

[Sive Morten]

Good morning,

EUR shows bearish reversal session which usually has continuation. Thus, deeper retracement has good chances to happen:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Brett Reynolds]

..and Retracement to 1.12..exactly...before 'huge' Buy orders come in.! Lets see if 1.12 holds today.!? With Nfp tomorrow it is still too risky to take long position.? This 1.12 area is critical because we could have Breakout from huge wedge'.!!! 1.15 could be on the cards for next few weeks.!?