EURUSD - Trends, Forecasts and Implications (Part 2) - page 1505
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a collapse is impossible as the whole market will collapse then - all 8 currencies are in one team ;)
In any case, it is better to go against the trend now rather than at the very end to jump in a deceleration train - in any case after going up we will go down - if only to know when )))))
From 1.3630 to 1.37, the zone of channels and the trend, if it goes upwards, then there is no resistance (and when it reverses, it will draw a reversal :))
I see/know/have created an indicator/2nd day of testing ;)
I would also like to create a price speed indicator, and then you could look for intraday profit=trade both ways ;)
From 1.3630 to 1.37 channel and trend zone, if it goes up, there is no more resistance (and when it turns around, it draws a reversal :))
You guys surprise me. The market is not even hinting at a U-turn yet.
hints:
Taken from The Ignat Post #159
Fed rate announcement this week on Wednesday, forecast at the same level. Unresolved US government debt issue + speculation on ECB rate hike + breakdown of 1.3700 target on the daily will give a strong signal to the bulls. But a pullback to 1.3500 is possible?
A pullback is in the long term. But the perspective is far. I think in a month or two. In the meantime, it will grow with a target of 1.3750
1,190 dollars in 24 hours ) Eurodollar is run down )
In 24 hours)))))) imagine how much you made in the last year))))