Watch closely above 1.2060-2040 support area

1. März 2021

If EU can hold this area for today, it's more likely to reverse and back to an uptrend.
No opening position yet...

1. März 2021

Anmerkung

Firmly pressure around 1.2095, down again... now watching 1.2060's support.

1. März 2021

Anmerkung

2040 has been broken, the downtrend is not ending.

1. März 2021

Anmerkung

European session has brought a strong bounce-back; if economic data this afternoon brings another up wave, then the up trend would be back.

1. März 2021

Anmerkung

As the pattern is still downwards, I would not open a long position yet. Downwards next target 1.2005

2. März 2021

Anmerkung

1.2005 has been reached.