Beskrivning
⋅ Oil resistance now becomes new support at 1.0820
Very strong resistance is at 1.1100
Payrolls tomorrow, I bet on negative data means support to Euro.
1.1100 is also :
- SMA200
-SMA100
- Kumo cloud.
So this is indeed a resistance which could capture EURUSD at there.
Mood is BUY EURUSD, but we need find a better point to entry.
I think EURUSD should test 1.1100 first, then a SHORT covers market ,that is the point I want to BUY EURUSD.