11 Juli 2017, EUR/USD
Technical Observation
Nothing has changed much since the previous analysis. Eur is still above it's weekly pivot line 1.1385 but below a key weekly resistance line 1.1444. Unless this resistance line is broken upwards with a big green candle, I expect a reversal from this line to short Eur towards 1.0520. A breakout above 1.1444 may mean waiting for a pullback to the just broken line to long Eur towards 1.2558. On the weekly chart above, I'd remain flat temporarily and wait for a clear sell signal around 1.1444, if 1.1444 is broken, then I'll wait for buy signals. My advice, remain flat for now and wait for a clear sell signal around 1.1444.
Technical levels:
Resistance levels
R1: 1.1457
R2: 1.1513