The EURUSD pair drawn down on by H1&H4&MN yellow(sell)-short signals yesterday at 1.1180; this level a 61.8% Fibonacci correction level for all augmentation measured from 1.0310 to 1.2550; and mid-term, as the breakdown will allow the pair to could be drawn down to 1.0850.

Today H1 chart signals change to red(buy)-long, the strong consolidation of this level against the final decline in the stochastic as well as the excess sales areas may force the price to initiate one-day recovery initiatives, ranging from 1.128 to 1.134 and 1.1430.

For this reason, we prefer to temporarily stand aside until we get a clearer another H4&D1&W1&MN signal for the next trend, which breaks the 1.1180 support or breaks the 1.1280 resistance.

The expected trading range for today neutral

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Yellow Arrow - Short - Sell
Red Arrow - Long - Buy

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M5 and H1 timeline frame chart via forecast buy/sell signals

Consider up - Lasted Red arrow appears in 5 min and same in 1hr. Means a strong buy signal!
Consider down - Lasted Yellow arrow appears in 5min and same in 1hr. Means a strong sell signal!



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