EUR has reached the unbelievable top of 1.3710 and then pullbacked almost 100 pips. As forecasted the pullback started during late american session and continued in today's early Asia. Upside movement is not over yet, and this is just a correction move for partly profit taking. As the upside move was extremely high correction may go even to 1.3490 in the following days before a new upside attempt to develop. We are waiting a double top formation on Weekly to confirm a top has been reached and that current upside move is totally over. Monthly, weekly and daily frames are bullish, H4 is also bullish at the time of writing, trying to find some support @ 1.3600-1.3610, if that fails next support is around 1.3560-75, and if that is broken too then 1.3500-1.3490.
GOLD is locked between 1664 and 1680. Break of either will mean continuing in same direction.
LONG above 1.3610 SL 1.3590 TP 1.3650-1.3700
LONG above 1.3560 SL 1.3550 TP 1.3610-1.3650
SHORT below 1.3550 SL 1.3570 TP 1.3500-1.3490
LONG above 1.3490 SL 1.3470 TP 1.3560-1.3610
LONG GOLD above 1664 SL 1660 TP 1676
SHORT GOLD below 1678 SL 1682 TP 1668
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