Dear Surfers, lets take a look at the market.

How did it go yesterday

Yesterday we highlighted the approach of the price to the level of resistance 1.1100, this level was rejected firmly EURUSD as indeed we assumed

Technical analysis

Today the price is undergoing an important downward that is bringing it close to 1.1000 area where, in addition to a psicological support level , is waiting for the prices to have  a fair trendline. The DP, which coincides perfectly with a Daily Critical Zone, has already been tested and the triad DWM persists in its state of indecision.

Oggi il prezzo sta subendo un ribasso importante che lo sta portando vicino ad area 1.1000 dove, oltre ad un livello di supporto piscologico, ad aspettarlo ci sarà anche una discreta trendline. Il DP, che coincide perfettamente con una , è già stata testata mentre la triade DWM permane nel suo stato di indecisione.

Plan of the day

The idea is to follow the money in its evolution awaiting the eventual test of trendline support. In that case, we will evaluate the opportunity of getting to the heart, of course, if there is reason ..

Significant economic news

4:00pm    USD        CB Consumer Confidence

Surfingthepips staff wishes you all a good day.

 

Daniele Angellotti Certified Trader | SurfingThePips.com