2015 is quite difficult volatile year for for the EURUSD. I do see it as uncertainity in the market which is becoming manifested as something which looks like a bearish flag on weekly time frame. Like a huge "take a breather" to recover from the huge down-hill rally in 2014. At the 1,18-1,19 levels we could see a first restistance level based on last structure level / Fib 38.2 and also the upper trend resistance channel. On the other side we might a restart of former trend below 1,08.
Important: :-)
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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading.
