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IkanBilisCapital

Whipsaw in play for the EURUSD. Waiting for short

Short
Euro / U.S. Dollar (FX:EURUSD)  
IkanBilisCapital  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis
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trendanalysis chartpattern indicator eurusd eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis
The longs caught the shorts and now it's going for the longs. I expect a strong rejection at around 1.17 to test the bottom at 1.10. What happens after depends on what interest rates does to the macro environment, if it's going to stump growth, the fed will turn on the printing presses and we will see EURUSD rally again. Otherwise, expect a 1999-ish sell off.
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