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Yes, at times it feels like my finish line keeps moving. It would be easier if I were 10 years younger and my family was not accustomed to a certain life style. If that were the case, I would sell the business and fully concentrate on trading. It's nice to know that I'm not alone.
The Euro has moved up to retest the Macro down bias at 1.2820 area. We have great R/R shorting at 1.2820 area, cover at 1.2765 area for first target but watch for a possible base to form for another attempt up.
Up targets 1.2820 and 1.290
Down Targets 1.2765, 1.2720 and 1.2660
The euro looks like it might test 1.260 area. It held the Marco Bias at 1.2820 and broke micro bias up at 1.2720. I'm looking for either a hold of 1.2675 and another retest of 1.2820 or a lower high to hold at 1.2740 and then a push through 1.2675.
Key Levels to cover if long 1.2740 and 1.2820
Key levels to cover if shorts 1.2680 and 1.2820
The Euro has moved off the 1.260 area and retested the micro bias on the daily chart. If this area holds then back down we go, looking at a smaller time frame the first major test is the 1.3060 area. If we can build a base then we could expected the Euro to retest 1.3200 and then a possible break through to the next area at 1.3680 area. So I'm looking for any failed continuations at 1.3060 area or a clear break then a move down deeper.
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The EURO held 1.3080 and has a possibility of moving through 1.3220. The key today is 1.3160, if we hold it then we should push through 1.32 and run up to 1.35 area. If it breaks then we are range bound 1.32 to 1.3080.
The Euro is still range bound, but I'm looking for a retracement of about 50%. Then we could get a leg out of here with a failed continuation creating a higher low in the range.