EURUSD is still in a dormant primary cycle, we can expect some overall advances towards the immediate
2018 high at 1.25557 with corrections along the way.
This cycle is a 7-year nodal trend which began in November 2015 and ending somewhere in the first quarter
of 2023.
During this time range we expect that EURUSD will be contained in a horizontal channel between the
1.04624 - 1.25557 range.
We can refer to this cycle as the base building phase, a breakout of this range will cause massive spikes
back and forth with shorter time ranges in the beginning stage.
Trade with care.... good luck
2018 high at 1.25557 with corrections along the way.
This cycle is a 7-year nodal trend which began in November 2015 and ending somewhere in the first quarter
of 2023.
During this time range we expect that EURUSD will be contained in a horizontal channel between the
1.04624 - 1.25557 range.
We can refer to this cycle as the base building phase, a breakout of this range will cause massive spikes
back and forth with shorter time ranges in the beginning stage.
Trade with care.... good luck