To SIRR with Appreciate--------------Originally Posted by ;
![]()
![]() |
![]() |
Eur/Usd is consolidating between 1.2300 to 1.2240 while the bearish possible remains fairly apparent, divide the range below would confirm additional downside.
The EUR/USD pair broke the support at 1.23 which also coincides with the 50SMA. I'm expecting downfall.
The USD index held over 90.00 because its major counterparts languished from recent declines with EUR/USD under 1.2300 and now eyeballing the 1.2200 handle.
Option expiries of note for the current 15:00 BST:
EUR/USD: 1.2335 (0.602 BLN),1.2350 (1.8 BLN) and 1.2385 (0.584 BLN).
Still holding two shorts, one toward @ 1.2200 along with the other to 1.2115.
We're monitoring a divergence between the price and oscillator, therefore I am awaiting the Long trend.
![]()