{"id":108445,"date":"2017-07-03T04:03:21","date_gmt":"2017-07-03T08:03:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=108445"},"modified":"2017-07-03T04:03:21","modified_gmt":"2017-07-03T08:03:21","slug":"eurusd-bullish-breakout-suggests-a-possible-continuation","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/07\/eurusd-bullish-breakout-suggests-a-possible-continuation\/","title":{"rendered":"EUR\/USD Bullish breakout suggests a possible continuation"},"content":{"rendered":"
July 3, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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\n\tThe EUR\/USD has made 3 consecutive bullish candles on daily(see the mini chart<\/a> on the main chart) and the first candle from those 3 is a bullish marubozu that usually suggests a continuation. We see that the continuation has already happened but the W H3 hasn’t been reached so we might see a pullback before the next leg up. We have 2 POC zones where the price could possibly reject. POC 1.3370-84 (D L4, 38.2, EMA89, ATR pivot) marks the important L4 camarilla support zone while POC2 1.1350-65 ( 61.8, ATR Low, D L5 historical buyers) marks the final support zone before we see a deeper retracement towards W L4 camarilla that might slow the uptrend continuation. If the price rejects from any POC watch for 1.1445 and 1.1500.\n<\/p>\n

\n\tFollow @TarantulaFX<\/a> on twitter for latest market updates\n<\/p>\n

\n\tConnect with Nenad Kerkez T<\/a> on Facebook for latest market updates.\n<\/p>\n

\n\tW L3 – Weekly Camarilla Pivot (Weekly Interim Support)\n<\/p>\n

\n\tW H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)\n<\/p>

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\n\tW H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)\n<\/p>\n

\n\tD H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)\n<\/p>\n

\n\tD L3 \u2013 Daily Camarilla Pivot (Daily Support)\n<\/p>\n

\n\tD L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)\n<\/p>\n

\n\tPOC – Point Of Confluence (The zone where we expect price to react aka entry zone)\n<\/p>\n

\n\t\"Forex101<\/a>\n<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/USD Bullish breakout suggests a possible continuation<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The EUR\/USD has made 3 consecutive bullish candles on daily(see the mini chart on the main chart) and the first candle from those 3 is a bullish marubozu that usually suggests a continuation. We see that the continuation has already happened but the W H3 hasn’t been reached so we might see […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-108445","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/108445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=108445"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/108445\/revisions"}],"predecessor-version":[{"id":108446,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/108445\/revisions\/108446"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=108445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=108445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=108445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}