Eurusd broke monthly opening range, and monthly A-down pivot calculated from opening range.
In April EURUSD ranged inside of Quarterly Opening Range. Now we are approaching its bottom. There might be some reaction.
Price will also range between yearly and quarterly A-down pivots (area of last major swing low).
Also with euro we observe inverted dragon pattern. The similar pattern is also on Dollar Index and Gbpusd .
Price is likely to end at yearly Camarilla S5 where it will draw dragon's tail.
In April EURUSD ranged inside of Quarterly Opening Range. Now we are approaching its bottom. There might be some reaction.
Price will also range between yearly and quarterly A-down pivots (area of last major swing low).
Also with euro we observe inverted dragon pattern. The similar pattern is also on Dollar Index and Gbpusd .
Price is likely to end at yearly Camarilla S5 where it will draw dragon's tail.
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Keep track of Dollar Index (inverted EURUSD) as well:
