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EUR/USD Weekly Technical Analysis Technical Analysis 09-13 July 2018

EUR/USD Weekly Technical Analysis Technical Analysis 09-13 July 2018

Instrument EUR/USD
Time Frame D1
Trending Uptrend in retracement at lager degree; down trend in short term
200 DMA Prices are approaching  200DMA’s zone
MACD Lower  zone but in retracement
Pivot Point price trading above PP and targeting R1 currently
Elliot Wave Type  A and B legs finished( type of B=95% of A), C leg has been forming and continueing
Swing Type Higher lows; Higher highs
Price action  Up swing
Notes Was long at 1.162xx and end target at1.18457; anyay 1.17xxx should be partially taken profit and move sl to BE. Targeting to 1.184xx
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