EURUSD - Trends, Forecasts and Implications (Part 1) - page 793
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If you knew which way, you'd be in for a world of hurt
About the goal of the current low trend, for those who strongly hope for a reversal ))), 1.4 and a bit lower, of course with corrections... More precisely 1.380-1.385,
They should overcome it till New Year. Otherwise there will be no indexes on the tables ;)
The most sure thing is 1.37123, but they may not succeed this year.
I agree, a lot of reputable guys are already talking about it too. I heard that the good US data is only temporary, by the end of January everything will be back to normal, the dollar will fall again, it will not see another movement, it is clear to everybody, and the euro will rise again, and the US statistics will be bad again.No offence to you, the chart will go to the right. :)
Strange, but my price stands still, but the chart moves left....
I need to change the brokerage company urgently :)))
I don't want to be a prophet, I don't work on a hunch myself, but in my opinion there is a reversal for correction in this downtrend...
I have defined for myself the levels, the breakthrough of which I will consider as an entry point. Till this moment I am an observer.
P.S. Good luck to all and good trends!
The reversal for a correction took place yesterday =)
The whole question is how far "north" the market can correct...