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jsaettele

EURUSD thoughts and levels into Jackson Hole

Euro / Dollar AS (FX:EURUSD)  
jsaettele  
FX:EURUSD   Euro / Dollar AS
Wave Analysis Trend Analysis EURUSD
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waveanalysis trendanalysis eurusd
The USD is drifting lower ahead of Jackson Hole, which is a possible ‘sell the news’ event or maybe Powell does not address additional Japanification measures and the USD can get out of its own way. Near term EURUSD levels have not changed. 1.1880 is still proposed resistance from the 8/21 high, 61.8% retrace, and 2 legs up from the 8/21 low. The lower parallel is now about 1.1695.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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