Nowhere…
Those 60-minute charts are unwinding but those daily and weekly charts have yet to begin that journey. The market will likely try to bounce around in our confirmed up trend, but it is undeniable that those daily oscillators are going to have to come down over time, likely a lot sooner than later. The 60-minute charts can give the markets a quick boost up but that’s likely going to be brief as the daily charts will then take over and limits any real upside. Stocks bouncing back up, such as
EURUSD Technical Analysis
EURUSD, it looks like bulls have gathered all their strength and looking forward for a breakout of resistance level. Above this barrier, bulls have more chances to recover the price. For now waiting action remains in order to confirm a possible breakout.