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Mercury has gone back direct yesterday. Has the euro whipsaw also stopped? Minimum targets above.
Euro bounced from 1H QM. Above monthly/quarterly midpoint. But the month has gone past 2/3, and also the seasonal midpoint is coming. Hmm...
Cable has struck one Fib target, additionally 3-W range large, retraced the range to 3-W range low. Support in quarterly/monthly midpoint and 1-yr range.
Crude is closing above monthly/quarterly range high, and above 1-year range high. Given that it closed last quarter above 3-qtr range high, it will achieve this year's 3-qtr high. In short, it has to proceed.
Euro has attained 3-W range low, also median line. Will it bounce around this place a little and then hold? ECB rate decision on Thursday. It might be a significant wash play.
Euro dropped to Q2 3-qtrly midpoint, additionally left side liquidity gap support.
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