1minute with ForexSurvivor

 

 

Latest impact:          EURUSD UP Against Negative Eurozone Data

 

Despite the weakening data of Eurozone that should spell euro to fall off the cliff as every European trader is expected, the market instead, climbed and will continue doing so for the near term, even though we have a number of obstacles, namely:

MA20 @ 13630

Ma100 @ 13860

Trading below Ichimoku Cloud with base at 13720

 

The market is bearish as long as it stays below 13860 targeting 13055. Any rally towards 13630 and 13720 is sellable targeting the abyss.

For those who rode the ‘aggressive’ bull wave to attract 13720, watch out the close below this week’s low as it negates the buyers performances.

 

 

 

 

 

 

 

 

Eligible remarks to be abided by kindly when launching a signal:

 

1.      Entry Level: 0.1 lot

2.      Stop and/or reverse orders are not updated on time via ‘1mn with ForexSurvivor’ reports

3.      Signal detailed statement would be published once it is completed.

4.      Any question should be addressed to ForexSurvivor Support Team