Weekly Price Action Setups & Key Levels | Jul 10-15

eurusd price action 2ndskiesforex

My Current Active Open Trades: EURUSD, EURGBP, AUDUSD (vanilla option), EU Stocks 50, TSLA & VXZ

EURUSD – Impulsive & Corrective Price Action Suggests ST Bearish (1hr chart)
Following the brexit sell-off, the EURUSD has been mostly playing withing a corrective structure. Considering the impulsive move down, and the corrective price action to follow, bears are still in control ST.

For now, our 1.1169 level held perfectly which we talked about in our members commentary & end of week review so congrats to those members who profited from this.

Downside we have 1.0950 as ST support. Clearing here puts 1.06 into focus while a break above puts 1.14 back under the microscope.

Silver – ST & MT Bullish, Looking

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