To maintain "neutral" weekly close. EU has to close above the white dashed-line and yellow fib line (approx 1.1315 and above) today. This is to negate bearish perception for this week.
I am remained bullish for EU (and GU for that matter) Big picture it is still showing bullish flag and it is supported.
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Looks like 1279 is being respected for now.
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EU close above the important 1.1300, thats the second step..
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Will it happened?
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Possible IHS, monitoring 4H close...
It's also end of the month and quarter this week, watch out...
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The wick is accurate... nice rebound..
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1,2,3,4 wave completed Added the last long... If this doesn't hold, EU might be continuing heading south
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LETS DO THIS!
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So far so good!
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EU is being dragged down by GU. Close half of the long, the rest on BE. Good luck.