4 Hours Chart:

Neutral trend. But position of price movement say we can easy go down. RSI is not moving anywhere. Right now is climbing and it is at 40. Trixes are crossed and both are red. But there is small green dot on fast trix.

Hourly Chart:

Already strong bullish trend. RSI is going up and it is at 59. Slow trix is green and is going up. Fast trix is red and is swinging to cross slow trix. As well we have red bearish divergence.

15 Minute Chart:

Bullish trend. RSI is going up towards overbought zone. At this moment it is at 68. Trixes are both green and crossed. As well we have green bullish divergence.

5 Minute Chart:

As well on this chart we see bullish trend. RSI is going down however. At this moment it is at 61. Lots of ups and downs. Trixes are very close to each other and at this moment both are green.

Fibonacci Pivot Line is at 1,27186 and we have open below it at 1,27048 and since opening we are moving between this two lines.

Support Lines:
1,26941
1,26701
1,26552
1,26402
1,26156
1,25911

Resistance Lines:
1,27432
1,27671
1,27821
1,27977
1,28216
1,28462

Plan:
It looks like we are in situation where we are not sure what will happen. We are once again near lowest point in last 2 years. Are we going to go more down or will swing is about to see.

Forex News:
Today we really have trading day where many things will happen. there are many important news in front of us. Minimum Bid Rate, ECB Press Conference, Core Retail Sales m/m, Retail Sales m/m and Unemployment Claims are all important news for today. First 2 will effect Euro and all others will do impact on USD.

So we will not trade between this times:
7:00 – 11:30
13:15 – 15:00
15:30 – 17:00
19:30 – 20:30

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